Player_logo Podcasts Community Create a Podcast
10 Simple Steps To Futures, Forex, And Options Trading
Clean
January 18, 2009 06:22 AM PST
itunes pic

This podcast episode lays-out the very most important basics for beginning traders. Many courses are created by marketers who emphasize profit without discussing protection. You must pay attention to the following ten steps no matter what level of experience you are as a futures, forex, and options trader.

Step 1: Educate Yourself
Step 2: Understand Protective Options
Step 3: Practice Simulated Trading
Step 4: Practice To Profit
Step 5: Employ Net Worth / Net Income Money Management
Step 6: Start Live Trading Small
Step 7: Go For Big Windfall Profits
Step 8: Lock-In 80% Of Windfall
Step 9: Cash-Out Debt
Step 10: Set Up Passive Investment Cash-Flows