Successful Day Trading Strategies - Trading and the Symphony

Day trading strategies, when properly implemented, are an art form. Continue reading for details.

Have you ever been to the symphony? Or to a high class broadway play? Have you ever enjoyed a concert? Or even a really good piano recital? Have you ever marvelled at a piece of art, or a sculpture?

Artists are some of the most revered people who have ever lived on this Earth. You recognize the names - Beethoven, Mozart, da Vinci, Picasso, Michelangelo. Going more contempory, consider The Beatles, The Rolling Stones, Ray Charles, Louis Armstrong, Andrea Bocelli.

Everyone is impressed by high quality art. But what does that have to do with day trading? Read on.

Day trading is an art, not a science. Don't believe me? Consider the similarities.

You can read a few books and sit down and pass a physics exam. But can you read a few books, and sit down and play Beethoven's Fur Elise? Not a chance.

The same is true for a Day Trader. You can't just read a book or two and become a successful Day Trader. Learning how to trade takes practice, patience, and dedication. Just like learning to play the piano.

Also, ask any great artist how they composed an incredible symphony, or a great sculptor how they created their masterpiece. They will almost universally tell you that they could "feel" it, could "sense" what it would become.

When you watch a Master Musician perform, what do they do? Do they have an intense, studious expression on their face, like a scientist in his lab? Not likely. They will often have their eyes closed. Their bodies will sway with the music, drawing the piece from the instrument with their body language. They are "feeling" the music.

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A Master Trader is much the same. They "feel" the market. They sense what is going to happen next. Not because they read it in a book or saw it on a DVD. Through practice, patience, and dedication, they have learned to "feel" what the market is going to do next.

Here's another truism - most of the great artistic masters learned from another master. They didn't learn on their own. It would be nearly impossible for an artist to go from ground zero to a Master without tutelage from a master.

The same is true of a Day Trader. If you want to be a truly great Trader, the fastest (and least expensive) way to get there is to learn from a professional. Traders who try to teach themselves the art of Trading rarely get past the figurative "stick figure drawing" stage.

They also quickly realize that to really learn how to trade, they are going to have to pay their tuition. They can either pay a professional to teach them how to trade, or they can pay the Market. And I guaranty you this; the Market is a much more cruel, and much more expensive professor.

Traders who chose to pay the Market to learn how to trade are almost universally among the 95% who lose ALL of their risk capital within the first year.

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