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Posted by info@xcelbiz.ws on January 21, 2008, 12:58 am
Announcing: Your New Wealth Creation Newsletter
Dear Reader,
It's Pierre Pienaar here announcing my New Wealth Creation Newsletter
- The Internet Million Dollar Newsletter. To give you an idea what to
expect here is a short article that will set you going.
Is Their A Holy Grail Syndrome in Trading?
Everyone knows that the Holy Grail of investing and trading is a myth.
A trading system holy grail would be one that never has a losing
trade, not to mention consecutive losing trades, never has an equity
curve drawdown, and after five winning trades in a row will just keep
on delivering winning trades forever! There is simply no method or
system that wins on every trade.
Then why do most losing traders act as if there is or should be a
trading system holy grail? You know the symptoms. When considering a
new system to trade, losing traders will only consider those that have
had a strong winning record for the prior month or quarter. They will
jump from one system to another looking for the latest "hot" system,
passing up or abandoning good systems that have had a good long-term
track record simply because they may have lost on the last three,
four, or five trades. A good system can and will have five losers in a
row. Likewise, a bad system can and will have five winners in a row.
So selecting a trading system based on its most recent short term
record is a losers game - it's the loser looking for the next system
with a "holy grail" mentality.
Winners, on the other hand, know how to properly evaluate a trading
system to determine if it is good or not. Once they have found a good
system that has the potential to deliver superior returns consistently
over a long period of time (years), they stick with it*. Even after
they have had five losing trades in a row, they stick with it. Because
they know while the holy grail does not exist, a good system will
potentially follow those losing trades with winners that more than
offset the losers and potentially deliver superior returns.*
Think like a winner.
Bill Poulos
To get excellent articles and the best resources like the one above,
subscribe to Your New Wealth Creation Newsletter - The Internet
Million Dollar Newsletter - with a big difference that is for new
Alternative Adventures like Forex, Gold, Silver, Futures, Options,
Reliable HYIP, Unique Biz Ventures, etc. It is ONLY for those who want
to take calculated risk, and have the money to spend.
If you trade, options, futures, or forex and are tired of spending all
day with your nose glued to the computer, then you have what it takes
to personally unearth my astonishing, step-by-step trading secrets in
the privacy of your home... but not for much longer...
First issue will appear on Tuesday, 22 January 2008, and will be
complimented with alerts on other Alerts if needed. You must be
willing to spend money to make money Subscribe here now at http://adcurl.com/s20
. It's FREE!
Subscribers will get revealed secrets, rarities, real tips and methods
that will boost your income and wealth.
Pierre Pienaar
The Editor
xcelwealth@gmail.com
xcelinternetmilliondollar@googlegroups.com
Trading/Investment Strategies: http://adcurl.com/p41
P.S. Easy-Forex? The best trading platform available today: http://adcurl.com/q06
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