one has to
- open an account with a broker
- sign an agreement with a data provider
- buy a PC and an Internet connection
- install a trading software
- install one or more analytical programs
This is what 100% of traders have as a prerequisite. In the meanwhile,
statistics says that 95% of beginners lose all their money within
first 6 months of their trading. The reason is the amateur approach.
Trading successfully takes much more than just good software and
equipment. Planning, discipline, analysis, learning are named by
all successful traders as necessary components. Planning includes
working out a clear set of rules of entering and leaving a position.
This is impossible without learning technical analysis. Discipline
is what makes a trader to follow these rules. All these components
are achievable by anyone, provided he approaches his trading seriously
and wants to become a professional.
Here at IT Locus we know that taking all these steps is not easy.
A professional advice is very valuable sometimes. We will do our
best to fill this site with useful material on all aspects of trading.
And our friendly stuff is always here to help you! Please write
to us, any questions are welcome!