Telling it as it is!!!!! Trading is not for everyone, you can lose lots of money trading and trading can make you lots of money, if you plan, study and work hard.

"If you have no confidence in self, you are twice defeated in the race of life. With confidence, you have won even before you have started." Marcus Garvey

New traders search for their Holy Grail because they get a sense of control when they use entry signals to open their positions. They want the point they choose to enter the market to be the point at which the market is doing exactly what they want it to do.

You need to study the charts for clues that would enable you to take a position long or short in the index of your choice and at the proper time, sometime later, neutralize that position with a profit for your efforts. You know before hand what the cost of data feed and charting software

Fear...implies anxiety and usually the loss of courage. This definition of fear is useful in helping define the issues that traders face when coping with fear. All traders have fear, but winning traders manage their fear while losers are controlled by it.

The most important factor in successful futures trading is money management The ability to take a loss and trade another day is the key to survival--and ultimate success-- in the futures trading arena

• They think they can turn $1000 into $100,000 in six months. • They think they can predict turning points in their given markets to within minutes.

Why is it that some people are successful in trading the markets? And some people fail? Critical Factors for Successful Day Trading

Scalp Traders look to take advantage of very short term trading opportunities. By entering and exiting a trade within a minute or two, develops confidence for the beginner trader, trading consistently without fear and without big drawdowns.

Technical analysis describes different ways of predicting the future of the market you are trading. Technical analysis helps identifying the type of market that exists, whether it is trending or range bound.