Why do most traders lose? Part 2

Last week we asked this tough question – Why do most traders lose?
After gathering tons of info from all types of traders,

We have narrowed it down to two elements:

1. System
2. Execution

A system Defined: A set of things or parts forming a complex whole in particular -
a set of things working together as parts of a mechanism or an interconnected network.

Creating a rock solid trading system can take time, patience and capital.

Example of a Trading System

1. Buying a strong stock during a pullback
2. Bullish Replacement pattern to trend line support
3. MA support
4. buying above bottoming tail hammer
5. stop below the tail and target at the swing high.
6. This system can be flipped around to be used to short stock on a bounce!

The above system is one of the most popular systems traders use!

It’s recommended that you virtual trade and track your results.  Once your making consistent profits – go live!