90% of traders lose money... So how to be in the top 10%?

 90% of traders lose money... So how to be in the top 10%?

 Here is the link. 

90% of traders lose money... http://www.financial-spread-betting.c... So how to be in the top 10%? Francis Hunt a technical analysis trader and coach comments. What are the bad habits to avoid? What are some trading mistakes to avoid? Is trading forex, indices and commodities a giant casino? Decide on a strategy that looks after all elements of money management. You've got to manage losses and you need to have a system that will make more money than it loses. Patterns are probably the most important technical analysis tool for me. If you've found this video useful, please click the like button and share it with your friends and remember to SUBSCRIBE to remain up-to-date!

My learning notes: 9:35 AM - 9:41 AM

1. Manage your loss
2. Accept loss is part of the game
3. More logic, better
4. Stick to system - three losses -> fear, three wins -> bet on big size
5. Observe charts - used patterns - powerful analysis - Dow theory?
6. Trading mistakes: beginner, intermediate - trade size - take loss too big
7. Recover - negative emotion - 15% or 20%, trade big again, you can cope with mental cognitive - pressure
8. punch - possible trade - grab - fatal spiral - recover concept
9. For example:
10. Consistent management as a whole - probability of win
11. Two types of stop
12. Only way is to build wealth slowly and steadly
13. Trade value - reactions - would not be in the game

Actionable items:

Find some keywords to google.