Is the E-mini Playing Tricks on You?

You're watching a live E-mini chart ready to take the next signal. The market has slowed down because it's the afternoon. Yet, the last few signals have been good and you're up for the day overall. Do you ignore the rules and take this trade? Do you risk what you've made so far? John Paul says the only way to trade is to follow his rules of risk management. In this Trade Scalper trade, despite the good signals, the ATR is only around a tick. That's too low. For this strategy, the ATR needs to be at least two to three ticks. Okay, you stay out, but you can't help yourself - you watch the chart to see what would have happened if you took the trade. If the trade fails, you will feel relief as though you dodged a bullet. If it's successful, will you feel regret?

Even with clear, concise rules, a trader can struggle with the discipline required to successful in the long term. Trading is a financial activity that comes with great risk. As such, trading requires great responsibility and self-restraint. Even if you have the best trading system in the world, a trader can subject himself or herself to unnecessary risk. Multiple good trades can falsely increase confidence. Similarly, multiple losing trades can cause a trader to question how he or she will ever find success in the markets. Only through a long period of objective, critical analysis and following the rules will a trader be able to definitely gauge a system. John Paul helps traders learn to manage risk. The live training that is included with purchase will show you how he keeps his head out of the market.