Any of the methods or systems can have a substantial impact on your bottom line. Your success is the direct result of your choice of trading market and your choice of trading method. But what about the method? Does it matter? You bet it does. Atrading method must fit your style of trading as well as your individual personality. If you are a little short on patience and discipline, you need something with structure.something highly mechanical, but not 100%. Before we discuss what the trader needs, let’s take a minute to discuss what the trader doesn’t need. Years before , the trend has been toward brutal complexity or black box simplicity. From one extreme to the other, the truth is that neither trading method works very well. Complexity breeds fatigue. Fatigue is the father of frustration. Frustration is the mother of failure. With a complex approach you can always find at least one element that is not lined up exactly the way it should, and you will end up guessing anyway. Most people aren.t super-human computer heads, and complex methods involving multiple charts and multiple indicators don’t work very well for them, but thousands of dollars are spent until the trader realizes the secret to success lies in simplicity. Now they go the other way in search of the Holy Grail.that magical black box that will turn their computer into a veritable money machine as it does the buy and sell decisions for them, because they no longer have the confidence to make those decisions for themselves. These are the same people who wouldn’t think of risking their lives by letting a computer drive them to work, but they think nothing of risking their financial future to a computer that doesn’t even know when Greenspan is about to

speak. Investors who believe in the myth that they can just have a computer program to manage their money while they sit back and collect the never-ending checks are not realistic. The long and short of software-based systems is the undeniable fact that success cannot be purchased. It must be earned, and it takes commitment and dedication. Think about it. If there really were a software-based system that made money in long-term, all the big financial institutions would own it and take all the Money out of the market and leave nothing for the rest of us. If you owned one that was making money hand over fist, would you sell it for any price? Probably not. The reason that a black box software cannot be effective for long is  ecause it has been programmed based on past market data. The fact is that market dynamics are always changing and a program is unable to recognize that. But when you know how to be flexible with the market dynamic changes, you can have a good control over your trades. So much for black boxes. But what about trading methods? You.ve heard the expression .if you want something done right, do it yourself.. That expression goes double for the trader. Trading success is nothing more than finding the market that offers the greatest consistent profit potential and then finding a good, reliable, accurate and simple trading method that works for you. Not just here or there, or now and then. You want it to work on a consistent and ongoing basis because, let.s face it, you want to be able to make money for the long haul. Are we talking about a holy grail again? Not at all. Mastering a proven method means you.re the star, not your computer. You’re in total control of your trades and your financial destiny.

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