Charlie's Four Keys To The Promised Land Of Riches

Technical Investment Methods - Analyzing market trends with technical methods. 

  Yahoo!   Google   Windows Live   del.icio.us   digg   Netscape

Subject Author Date Charlie's Four Keys To The Promised Land Of Riches usmawicfmfmc@yahoo.com 11-24-2007  Re: Charlie's Four Keys To The Promised Land Of Ri... Charles 11-24-2007
Posted by usmawicfmfmc@yahoo.com on November 24, 2007, 4:35 am Through Charlie I learned methods for identifying entry and exit signals... that 99% of other traders are completely oblivious of. Charlie also taught me about the power of mechanical trading, which is one of the Four Keys: First Key - Be Emotionless We all know how easy it is to get all worked up about losing. Well, it's also easy to get pumped up and excited about making winning trades. Trading fortunes are built on logic and consistency, not "gut feelings" or "psychic impressions" which are what emotions produce. It's a lot more fun to release all those emotions while you spend all the money you made! Second Key - Be Scientific Think about each new strategy or concept as an experiment: conduct the experiment and make a note of the results. If the results are continually positive, keep the change. If the results are continually negative, drop the change. Don't rush to judgment from one outcome (it might be a fluke)... and don't keep chasing a losing formula because it feels right. Third Key - Be Mechanical Your system should be exactly that: a system. When "A" happens, you do "B" and when "C" happens, you do "D." Sure, it might not sound exciting or dramatic but it is profitable and that's all that matters! Being inconsistent sinks your bank account and makes it impossible for you to know what is working and what isn't working. Fourth Key - Be Quiet No, that doesn't mean you can't brag about how much money you're making to your friends (after all, that's part of the fun!). It means that you need to quiet your mind just like you quiet your emotions. When you're trading you should be thinking about trading... and not the next vacation you want to take... or the overdue bills you're trying to make up for. Just putting Charlie's Four Keys into action radically improved my trading. If you get nothing else from me, please study those four deceptively simple Keys and put them to work for you. Write them down and tape them to your monitor if you need to. Get a FREE Special Trading Manual: http://blazforexsyt.blogspot.com/# Posted by Charles on November 24, 2007, 11:37 am > Through Charlie I learned methods for identifying entry and exit > signals... that 99% of other traders are completely oblivious of. > Charlie also taught me about the power of mechanical trading, which is > one of the Four Keys: > First Key - Be Emotionless Actually, the First Key was DON'T SPAM USENET! Similar Threads Posted Four Keys To The Promised Land Of Riches December 17, 2007, 6:50 am The Power Of Mechanical Trading, Which Is One Of The Four Keys September 21, 2007, 8:11 am A Mathematical approach to riches in FOREX trading. January 1, 2008, 8:44 pm Land for sale in Switzerland September 29, 2006, 10:22 am Excellent Houses Condos Villas and land for sale March 23, 2008, 7:56 am