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Day-Trading-Mind.com
Trading In Mind
10 Ways To Stay Focused
For Real-Time Traders
Published by:
Day-Trading-Mind.com
Copyright Information
Copyright © 2002 Day-Trading-Mind.com
http://Day-Trading-Mind.com
Free Reproduction and Distribution Rights
You are automatically granted full reprint and reproduction rights to this ebook.
That means you are free to distribute this ebook as you wish.
You can offer it for download from your website. You can sell it, bundle it with other products,
or give it away for free.
The only requirement is that the ebook must remain intact.
Disclaimer & Risk Warning
All trading involves risk. You should never trade with money you cannot afford to lose.
The contents of this ebook are for general information purposes only.
Although every effort has been made to assure accuracy, the publishers can assume no responsibility
for errors or omissions.
Examples are provided for illustrative purposes only and should not be construed as investment advice
or strategy.
Past performance is not indicative of future results.
In no event shall Day-Trading-Mind.com or its content providers be liable for any damages of any kind
whatsoever with respect to the service, the material and the products provided herein.
Before we begin
, let's review what is now being called the "Perfect" trading platform.
eToro Review
About Forex
The Forex market has quickly become the world's largest financial market, with an estimate daily turnover of $3.2 trillion. It is
a market that has great appeal to a financial trader because of its volume which guarantees liquidity. High liquidity means that
a trader can trade whatever currencies he feels like at all times, since there will always be someone to buy and sell any
currency he wants. Another outstanding feature of the forex market is that it is active 24 hours a day and is closed only on the
weekends. This means that unlike the stock market for example, traders in the forex market don't need to wait for a bell to
ring, but can make trading decisions around the clock.
Enter the internet into the equation. Now the forex market is literally at your fingertips. Most brokers offer online trading
facilities which enable you to trade simply by clicking a button, instead of the traditional phone call. The internet has really
revolutionized the industry, making the retail section of the market more dominant than ever.
About eToro
eToro is a forex trading platform developed to cater to the emerging retail segment of the forex market. With its simple style
and exciting trade visualizations, eToro is the perfect platform for a novice trader to get his first forex trading experience. With
its great array of professional forex trading and analysis tools, eToro is also the perfect platform for experts in the field who
want to trade comfortably and reliably. eToro has developed a truly intuitive interface that lets traders concentrate on trading
instead of messing around with bulky and overcomplicated software.
It's important to mention that eToro also offers an educational experience, so novices can gain knowledge of the forex market
and eventually become pros if they're so inclined. eToro offers forex trading guides, forums and video tutorials to facilitate
their traders' progress. eToro also offers an unlimited practice mode where both beginner and seasoned traders can sharpen
their skills and test their strategies with real market rates.
Overall eToro have successfully designed a software that caters to a very wide segment of the forex trading public. eToro is
bound to remain a leader in the forex industry for a long time to come.
eToro's features:
Visual representation of trades
: Monitor your trades with ease by watching creative visualizations of your trading activity.
Practice mode
: Test your skills and strategies by trading with live rates, without risking a cent.
Trading Challenges:
Compete against fellow traders for cash prizes - with no entry fees.
Trade:
Enjoy immediate and accurate execution with all your trades.
Low Spreads:
Save a fortune on eToros super low spreads - as low as 2 pips.
And soon to come:
Trade:
Enjoy real time execution with all your trades.
eToro's Pro Insight:
Get a look at what currency pairs eToro's top 100 traders are trading at the moment, and use the inside
info to your advantage!
Download
eToro for
FREE
and join a fast growing forex community.
Watch Video!
2
Table of Contents
Introduction
–
p
g 4
1. Understand The Truth
–
p
g 5
2. Plan Your Trades, Then Trade Your Plan
–
p
g 7
3. If You Don't Spend Much, You Can't Lose Much
–
p
g 8
4. Don't Think Money, Think Point
s
–
p
g 9
5. What The Mind Can Conceive...
-
p
g10
6. Be Your Own Boss
–
p
g 11
7. Mind Your Language
–
p
g 12
8. Less Is Definitely More
–
pg 13
9. Get A Life
–
p
g 14
10. The Essential Real-Time Trading Tool
–
p
g 15
What's Next?
– pg 17
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Introduction
Take two traders.
Give them the same starting capital, the same trading platform, the same market, and the same trading
system with precise rules for entry and exit.
Come back a month later and what will you find?
One trader will be up 20%. The other will be down 40%.
It's fascinating, isn't it, how two people can have the same opportunities in life, and yet get very
different results.
We at Day-Trading-Mind.com firmly believe that the answer to success lies within each of us; and that
we are each completely responsible for our own results in the market.
The following top 10 list was compiled from the many discussions that take place at our regular
monthly “trader's conferences” (i.e. a local bar). ;-))
Some of it you'll already know... some of it will be new.
Hopefully you'll find it useful.
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