Many new traders get out too soon or too late, taking small profits and large losses. We can't afford to make mistakes. That's our goal at DTU - to show you how to carefully daytrade with small stops, going for modest yet consistent profits . Actions to Improve Your Trading 1. Get pro training.
Trading is a profession requiring advanced training, personal discipline and many hours of practice.
Get training from many resources. Learning how to filter down to the signals that help you make good daytrades is important. Allocate expenses for training, hardware, learning curve stops, and use a specific daily budget to manage your risks. Acquire the right tools. One common mistake new traders make is to overlook the benefit of having a good 3-4 multiple monitor trading setup, DAT broker, commercial data feed and fast internet provider.