Sunday, July 17, 2011

Successful Trading-6 Times Out Of 10 Is No Joke

In this business if you're good, you're right six times out of ten. You're never going to be right nine times out of ten.

-- Peter Lynch

This quote is right to the fullest as far as a human trader is concerned. People enter into markets with a belief of making fortunes in the shortest period of time. But as soon as they are able to confront the intricacies of the market they feel the pinch of reality that they have entered into one of the most
difficult arena of making money if not the most.

One who thinks that his luck works because as a gambler he won many bets that can be true till he was betting but when the same person enters the stock market and tries the same luck with the touch of gamble but the luck just betrays him as an enemy. Reason - trading is not gambling.

Trading is not for gamblers but for traders and for those traders who have the ability to learn from their faults and take them as lessons. Luck can help to a certain extent but cannot take thus far that it can be thought as the only factor responsible for making money in stock markets.

A trader will have to learn the long route way and this needs perseverance. Lot of time and energy has to be invested apart from money. With all this dedication if someone could achieve 60% accuracy in the trading results then he is a true trader. Nothing less than honest hard work is required for success with a part of luck to play as well to become a real trader.


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Futures trading contains substantial risk and is not suitable for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or lifestyle. Only consider risk capital that should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. CTFC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS SUCH AS LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. All trades, patterns, charts, systems, etc., discussed in this website or advertisement are for illustrative purposes only and not construed as specific advisory recommendations. All ideas and materials presented herein are for information and educational purposes only. No system or trading methodology has ever been developed that can guarantee profits or prevent losses. The testimonials and examples used herein are exceptional results which do not apply to average people and are not intended to represent or guarantee that anyone will achieve the same or similar results. Trades placed on the reliance of Trend Methods systems are taken at your own risk for your own account. This is not an offer to buy or sell futures interests.