The Expert Bund Trader-4 Keys

Discussion in 'Index Futures' started by KRSNA, May 20, 2006.

  1. KRSNA


    Researchers at Florida University have discovered that deliberate practise makes us experts.

    "A lot of people believe there are some inherent limits they were born with. But there is surprisingly little hard evidence that anyone could attain any kind of exceptional performance without spending a lot of time perfecting it."

    The 4 points are:

    1. Set Specific Goals

    2. Get Immediate Feedback

    3. Concentrate on improving technique as well as outcome

    4. Do what you Love

    A great goal is to achieve a Profit Factor over 2.0 and a sharpe ratio over 2.0. Remember 3.0 is considered outstanding. Several hundred trades are needed.