1.You need to know when to cut your losses. Whether relying on fundamental or technical information (instead of both as advised). Always remember that market conditions change all the time. You are not using any money management strategies. Most newbies are naive enough to think that the market will turn around and go their way, which is not always the case.



2.It takes a precise routine to make use of the big picture approach. Using both the fundamental and technical data to make your educated and calculated decision takes the ability to diligently follow your routine.

3.It takes time and the guts to apply what you've learned. Take the time to learn the systems well.

4.Luckily, the two systems I've got set up for you will eliminate the problem of being overwhelmed with ideas. Not knowing where to start and you doing nothing is definitely a circumstance to avoid.

5.Be profitable from the beginning and take the time to set up your new software properly.

6.Give the systems and yourself time to really see the desired results. Throwing in the towel on the systems too soon waistes time and your hard effort.

7.There will always be something new on the market, but trust your own trading method. It's impossible for it to be outdated, so don't get in line and follow the herd. Paying attention to the ?new trend? or the ?new method? is counter-productive.

8.Remember, you will have losses and be sure to get out of the market in a timely manner, in order to maintain your profit margin. Establish a profit margin and stick to it. You're not setting practical goals.

9.It's not easy and it's not learned over night. Stop spending so much time reading, watching, buying and start DOING! Lack of gutsy determination.

10. You will be constantly referring to your notes, so make your writing neat and legible. Keep notes on what works and how you made your decisions.

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Remember that you're not alone and that it's never too late to change bad habits.