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Military Tactics and Trading E-mail

Grant and Napoleon had an endowment that separated them from variant generals, the power to stratagem troops and supplies to their most effective placements under rapidly changing circumstances. Traders should learn how to manage their funds, rework stop placements, and change their position size with changing market conditions. Conducting warfare and commodity trading have many common factors. All modern warfare is derived from the spear and shield, attack and defend, offence and defence. For trading markets, offence is trade entry and defence is the protective stop. Day trading is like guerrilla warfare, which was first used in Europe during the early 1800's when Napoleon placed his brother on the throne of Spain. Attack rapidly then retreat.

Value of Persistence: In the Battle of the Wilderness, Grant let the Southerners know he would never give up and would fight them under the harshest of conditions. After the battle was over, instead of retreating back to Washington to rest, as some past cowardly Northern generals had done, Grant moved south and stopped Lee from sending reinforcements to Atlanta, which fell to Sherman. The Civil War was won from the Battle of the Wilderness, which Grant is still incorrectly thought to have lost. Grant broke the South psychologically after the Battle of the Wilderness. The trader is a successful human being for the courageous act of trying to become a success regardless of his equity statement. Churchill said, "Never give up. Never, never, never give up." That statement defines persistence and commitment. There are many systems that are profitable, yet there is only one way to correctly analyze price action. Those lessons are contained by regular practice reading charts and working out what you see there. Don't give up and you will find them on the charts.

Joe Ross
Trading Educators Inc

Joe Ross - EzineArticles Expert Author

Joe Ross has been trading for more than 47 years, and is a absolutely well-known Master Trader. He has survived all the hike and downs of the markets because of his adaptable trading style, using a low-risk approach that produces consistent profits.

Joe is the creator of the Ross hook, and has set new standards for low-risk trading with his concept of "The Law of Charts?." Joe was a private trader for most of his life. In the mid 80's he shift his focus and decided to share his knowledge. After his recovery, he founded Trading Educators in 1988 to teach aspiring traders how to make profits using his trading approach. He has written 12 major books on trading. All of them have become classics and have been translated into many different languages.

Joe holds a Bachelor of Science degree in Business Administration from the University of California at Los Angeles. He did his Masters work in Computer Sciences at the George Washington University extension in Norfolk, VA. Joe still tutors, teaches, writes, and trades regularly. Joe is still an active and integral part of Trading Educators.

 
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