<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>Futures Blog by Bill McCready &#187; futures trading success</title>
	<atom:link href="http://www.futuresblogger.com/tag/futures-trading-success/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.futuresblogger.com</link>
	<description>Futures Insider Shares Day Trading Secrets!</description>
	<lastBuildDate>Wed, 01 Sep 2010 18:42:52 +0000</lastBuildDate>
	<generator>http://wordpress.org/?v=2.8.2</generator>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
			<item>
		<title>Four Key Elements of Futures Trading Success</title>
		<link>http://www.futuresblogger.com/2007/12/15/four-key-elements-of-futures-trading-success/</link>
		<comments>http://www.futuresblogger.com/2007/12/15/four-key-elements-of-futures-trading-success/#comments</comments>
		<pubDate>Sat, 15 Dec 2007 23:27:05 +0000</pubDate>
		<dc:creator>Futures</dc:creator>
				<category><![CDATA[Pulling the Trigger]]></category>
		<category><![CDATA[Trading Mindset]]></category>
		<category><![CDATA[Trading Systems]]></category>
		<category><![CDATA[elements of trading success]]></category>
		<category><![CDATA[futures traders]]></category>
		<category><![CDATA[futures trading]]></category>
		<category><![CDATA[futures trading course]]></category>
		<category><![CDATA[futures trading secrets]]></category>
		<category><![CDATA[futures trading success]]></category>

		<guid isPermaLink="false">http://www.futuresblogger.com/2007/12/15/four-key-elements-of-futures-trading-success/</guid>
		<description><![CDATA[There are four key elements to achieving success as a futures trader:

Self-confidence
Discipline
Ability to handle loss
Profitable trading system

Self-confidence. If you aren&#8217;t confident that you can become a successful futures trader, you might as well pack it in now and save yourself a lot of grief. Successful futures traders are bold, aggressive and self-assured. They do not [...]]]></description>
			<content:encoded><![CDATA[<p>There are four key elements to achieving success as a futures trader:</p>
<ol>
<li>Self-confidence</li>
<li>Discipline</li>
<li>Ability to handle loss</li>
<li>Profitable trading system</li>
</ol>
<p><strong>Self-confidence.</strong> If you aren&#8217;t confident that you can become a successful futures trader, you might as well pack it in now and save yourself a lot of grief. Successful futures traders are bold, aggressive and self-assured. They do not lose faith in themselves when they lose. They have the courage and self-confidence to keep trading. Futures traders are risk takers. We are the Mario Andrettis of Wall Street.</p>
<p><span id="more-82"></span></p>
<p><strong>Discipline. </strong>If you cannot maintain self-discipline, if you let emotion rule your decisions, take your money and run before you lose it. Successful futures traders are highly disciplined, consistent and rational. They do not allow themselves to be distracted by extraneous information. They have the ability to dispassionately evaluate their system, knowing when to stick with it and when to change what isn&#8217;t working. Futures traders are cool and collected. We are the James Bonds of Wall Street.<br />
<strong>Ability to handle loss. </strong>If you can&#8217;t handle loss, if you are easily frustrated by loss, or if you can&#8217;t afford to lose, get out before you gamble away the mortgage money. As a futures trader, particularly in the beginning as you hone your system and skills, you <em>will </em>lose. Successful futures traders are not flustered by loss. They do not panic when they lose. They do not abandon their system at the first sign of loss. In futures trading, the nature of the beast is that sometimes you lose. Futures traders learn from their mistakes, build on the lessons loss teaches, remain confident in the face of loss and work to keep their losses small so that, overall, they win. Futures traders are not defeated by loss. We are the Lance Armstrongs of Wall Street.</p>
<p><strong>Profitable trading system.</strong> If you don&#8217;t have a trading system that has proven to be consistent and profitable, no amount of ability is going to make you a successful futures trader. You must have an effective conduit for that ability in order to succeed as a futures trader. An effective trading system is essential to your success as a futures trader. Futures traders are only as good as they system. For complete information on my <strong><a target="_blank" href="http://www.futurestradingsecrets.net/">Futures Secrets Trading System</a></strong>, click the link. Read testimonials from satisfied clients, now successful futures traders themselves. Find out how my Futures Secretes Trading System course can teach you how to pull the trigger. Click here for details on <strong><a target="_blank" href="http://www.futurestradingsecrets.net/">Futures Trading Secrets</a></strong>.</p>
]]></content:encoded>
			<wfw:commentRss>http://www.futuresblogger.com/2007/12/15/four-key-elements-of-futures-trading-success/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>
