To become a consistently profitable trader you have to learn your craft. It's no good looking at a few videos, scanning some books and then giving it a go. Just to be in the game you need a strategy that works which you've practised over and over again. If not then you are just speculating not trading.

It's only Trading when you have enough knowledge to identify high probability trades along with the optimal entry and exit points.

Many people, who have traded for years, continue to lose money. Even though they dip into courses, systems and text books on an ongoing basis they can't find a strategy that works or they can't make it work. Part of the conundrum of trading is that most people don't spend long enough learning and practicing a process/system in order for them to be successful. They'd rather learn a little bit and just dive in, this is a very bad approach when your money is at risk.  

You can't learn to be a plumber, carpenter or HVAC engineer overnight and it's the same with trading. You need to put in the time so that applying your strategy becomes second nature and you feel the rhythm of the market.

Learning Technical Analysis can help you become a successful trader. But it will take many years of effort, so looking for a system that uses the basis of technical analysis to identify trades will help. Even then you are going to have to learn and practice. However, it's all worth the effort if you want to become a successful Day Trader. Once you get to this point then you are making extra money and you decide what you spend it on; maybe you want to improve your lifestyle, save for the future or give up your job!   

Even when you have learnt how to use a successful strategy (like Inteligex) you have to be realistic. You will still get losing trades, that's just the nature of the markets. But a quality system and process will help you minimise those losses.

Take yesterday on the Nasdaq 100 futures index (see below) there were 4 trade signals, 3 which made money and 1 which came out for breakeven. You would have walked away with $590, not bad for less than 2 hours work!

Inteligex's sophisticated technology creates class leading Trade Signals and Indicators which are packaged in a system that is totally user friendly. It's easy to learn, simple to use and has a color coded grid so you don't have to learn complicated candlestick patterns.

REMEMBER You only need to answer two questions when you're trading: where does the market want to get to and what is stopping it from getting there. Inteligex makes it easy to do both of those so you can take trend trades when the market is trending and keep out of the chop when it's not.

Perfect for trading the e-mini NQ, e-mini S&P, e-mini Russell2000 and many more futures, commodities and stocks.

Book your FREE Personal Consultation to see how you could become a winning trader.

USEFUL LINKS: When not to trade, Predict Market Movements, What is the Fed, Risk and Reward, The end of Cheap Money, What is Artificial Intelligence, Banking Crisis, Common Trading Mistakes, What is a Recession, What is Fiscal Policy, What is Monetary Policy, Why are Economic Forecasts Wrong, Your best shot at Goal, Learn to Earn, Looking for a good stock to buy, What is Inflation?, How interest rates work