What are the Tools for success in commodity trading?
Self
discipline: this means that you WILL do your market studies
every day, thoroughly and religiously, and that you WILL FOLLOW
the rules of successful trading.
Persistence:
this means that you won't be a quitter after taking a few losses.
In order to win big you have to stay in the game.
Consistency:
this means that once you've learned the rules and methods, you'll
have to use them over and over and over again, exactly as you have
learned them. (That seems simple enough, doesn't it?),
Self-Control:
you'll have to control your two worst emotions: FEAR and GREED.
Knowledge:
an understanding of how the markets work as well as a few very simple,
easy to learn methods will be VITAL in your quest for success, and
Start-Up Capital: you'll need the start up capital to begin
your trading (ad)venture. Just how much will you need? Keep reading
and you'll find the answer.
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