By Corinne Speckert
It isn't easy to become a top-player within the day trading field. As a day trader, you need to use the right trading systems and you need to have access to the right tools, such as a trading desk and expensive analytical software. Beyond that, you need to religiously research numerous news sources in order to be up to date on the motion of stocks.
According to Investopedia.com, around 80%[1] of day traders loose money, meaning, the above tools are vital. Unfortunately, the needed software is costly and the amount of research needed to stay ahead of the game is often too time consuming — this can cause rookie traders to partake in the field without the needed tools to make knowledgeable trades with.
In order for day traders to succeed they need to have an edge over the market, but for those of us short on time and copious amounts of money, that edge is often out of reach.
Fortunately, I have personally developed a trading system that takes these pressures off your shoulders. Through my Proprietary Algorithmic Trading System, the needed tools to succeed as a day trader are no longer out of your reach because they're all built into this one-of-a-kind system, which works to guide your decisions without forcing the inconvenience of extensive research and costly software on you.
Our trading system automatically picks the best stocks for you and provides the most recent and valuable stock information because every trade is tracked by our trading computers and automatically posted on our Web site in real-time — allowing you to observe trades instantly.
Through the use of our site you'll instantly be ahead of the game, as our system is the only one of its kind with the ability to post trades in real-time.
Our trading team works hard to provide our clients with this invaluable information through extensive research using fundamental analysis. Through this method we choose stocks with high liquidity and potential price fluctuations to use in our system. After selecting the best stocks for our clients, our system uses technical analysis to make the most profitable trades available at any given time.
Emotions
Not only does our system take out the expense and research factors associated with day trading, but it helps tame emotions that can detrimentally influence your trading decisions, by making these antagonizing decisions for you.
As any day trader knows, some of the most destructive emotions you're faced with are greed and fear and your ability to control them is essential.
Greed and Fear
Feelings of greed can inadvertently affect day traders' profits by stroking their egos to the point where they make trades independent of their original plans. Fear also influences trading decisions, as the biggest fear day traders face is whether they're going to make loosing trades.
For example, after a loosing trade, fear can deter traders from taking profitable ones that could have covered their losses.
Decisiveness
One of the most basic and essential functions of a day trader is deciding when to enter and exit trades. In order to become a successful trader, day traders need to know when to exit a trade and must be prepared to take small losses in order to avoid large ones down the road.
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Patience and Calmness
Remaining patient and calm are essential in securing profitable trades. Day traders often wait several hours for the next trade to come along and if they can't remain calm, their ability to make rational decisions can be altered — adversely affecting their trading decisions.
For example, after a losing trade feelings of panic can occur, which can consequently coerce you into nabbing an unprofitable trade in attempts of winning back your money.
Our system
Fortunately, the psychological and emotional weaknesses described above are taken out of the mix — resulting in a clean slate to make trades on — with our algorithmic trading system.
Through our system, you don't need to be an expert at day trading, as you simply follow our structured system and reap the potential rewards. We don't have to promise enormous returns in a short period, nor do we need to market our system as a get-rich-quick scheme because the results are enough proof that our system works. We merely wish to educate day traders of this new system that has consistently returned substantial profits and we are confident that it can do so for you too.
Our system further makes it easier to keep tabs on trades by posting a portion of our previous week's trades on our Web site each week. Best of all, you aren't required to handover any personal account information, nor do you need a minimum amount of money in order to reap the benefits our system provides.
With more than 10 years of extensive experience in trading stocks and a winning track record reflecting our proven success in program trading, we can help you as a day trader or as a swing trader in ensuring your maturation into a successful trader.
The only cost you face through subscribing to our site is the subscription charge, which you can make back in as little as one day.
To gain a better understanding of our system and experience the potential profits it provides, we're offering a free 2 week trial of our Premium Membership Service. If you decide our site is not for you, then simply cancel your membership before the end of the trial and you won't be charged, as we want you to find the best resources to fit your trading goals.
Note: Because of my lack of experience in financial writing, Phillip Pham, the CEO of TradeDecider, Inc., did not credit my name for these writings. Should anyone have questions regarding the authorship of these writings, please contact Phillip Pham at (408) 693-9358 or through e-mail at dtprophet@yahoo.com and philip4av@gmail.com
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