HOW TO TRADE A SMALL ACCOUNT

consistently good trader you must constantly be observing not only the
markets, but also other experienced traders to gain knowledge and
wisdom. It’s a never ending journey, like most valuable pursuits, but it can
be an extremely rewarding one, both personally and financially.
When you model top trader’s actions, you make more money. It’s that
simple. They’ve figured it out from years of experience, and you learn
from them how to make more money in much less time.

1. Consistently getting in or out of trades too soon…or too late

The culprit behind this common error is trading from fear or greed instead
of following a chosen strategy. In trading it’s not always about trading the
right option, the best model, or the perfect entry; it’s way bigger than that.
If your attitude is not right, and your trading related actions aren't right,
then even the best technicals can't help generate profitable trading results
for the big or small trader it’s all the same.
Studies show that 60% to 80% of trading success comes from a trader’s
mental and emotional state. Great traders are always working to keep their
emotions out of their trading. By developing a state of detachment when
trading, you can neutralize those emotions that can otherwise control your
trading actions.

2. Being a lone ranger

Everyone knows that the nature of trading is to go it alone. Trading

attracts the introverted analytical thinker who generally thrives on hours
of uninterrupted time to completely focus on the next great trade or