Subject: FAF19 Lesson 16 - 19 & Wrap Up

From The Desk of 
The Trader
“The biggest risk is not taking any risk... In a world that's changing really quickly, the only strategy that is guaranteed to fail is not taking risks.”

-- Mark Zuckerberg

FAF19 Final
Lessons 16 - 19
9 March 2019 
Daily Goal: 240 Ticks
Max Contract Size (Per Trade): 12 (Margins $700; acct balance over $8400) 
Performance: Thursday 99 Ticks.
Summary: 
My focus was on ending and preserving the gains from FAF19.

Recap Videos: Thursday 28 February 2019
Wrap Video: Find it here.  In this video I discuss what I wish I'd done better, what I think I did well, and, most important, what you should take from this series.
Today’s Trading Lesson(s): 
The Time Is Now
I called today's trading lesson numbers 16-19 because it's worth far more.

In truth, it's worth more than all of the lessons from this challenge... combined.

That lesson is get started.

One of the folks in my day trading room right now never saw herself as a "finance" person.  She thought the markets were forever closed to her because she just didn't understand it all.

She made over 200 ticks net in her simulated account last month and will be going live at the beginning of April.

If she can, you can.

Don't take that as a pitch for you to sign up for my service... Take it as encouragement for you to do something that moves you toward using financial markets to your benefit.

- Start saving a trading stake...

- Start checking a few securities at the end of each day to say how they traded...

- Get your accounts (401k, IRA, Brokerage, etc.) structured properly and deploy a simple, risk appropriate strategy in each...

Take these steps and others to move yourself toward establishing a simple, short term (swing or day trading) money making process for yourself.

This time next year you'll be glad you did.
KIS (Keep It Simple),
Ev
The Art of Simple Trading, PO Box 240356, Charlotte, NC 28224, United States
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