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To prevent serious loss don't trade unless someone is able
and willing to provide you with a "stop loss". It is hard to
get the ideal broker but you do want to increase your chances
of success and "stop losses" are VERY IMPORTANT part of your
system.

Ring the brokers and ask them whether they provide the service.
Discount brokers are preferable if you have a small account
otherwise the cost will eat your profit. You don't want
circumstance to push you into placing MORE than your 10% into
the trade. So do the numbers and don't worry about broker
advice - your system is your advisor..got it?

I've mentioned it before and I'll give you the link here. Mark
McRae has created, "Trading For Beginners". He gives a very
good explanation of trading basics. I love my copy! He is on
the ball with his introduction into technical analysis.

Understand, if we were rational and unemotional the stock market
probably wouldn't exist. Instead we are blessed with a means
to earn a superior living, without the 9-5 routine!

Now you make sure you get your copy and read it..okay! Just
before I give you the link make sure that when you get your
copy you don't skip - "stop losses" on page 70.

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