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It's a hardcore art to understand but provided you can learn to control your emotions and become an emotion free trader you'll be well on your direction to the 5% club of successful traders. A complete trade end up being dealt within the in an identical way as a losing market. Greed, Fear and Hope should never come into play while trading.

Adjust - When you have a losing streak or spot a potential weak area in your option trading system, adjust it. There's no shame in succeeding as wrong. As a result part of this business of trading. The shame is actually being unaware of your mistakes and repeating them. By feeding your ego and justifying your weakness with excuses, you guaranteed to fail in trading. By acknowledging your blind spots and making adjustments, you can keep your system in line with changing market trends and circumstances. It sounds so simple, but it requires perseverance and field.

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This market is 100% via the internet. There are no trading pits like you see on tv or online with stock exchange trading. Whether you are an individual trader, a bank employee, or a government official, we all enter this maker the same way.