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Tuesday, May 5, 2009

Stock Trading System Explained-Decision Bar Day Trading System

By Steve Polk

After trying many different stock market trading systems I fell in love with the Decision Bar Trader developed by Les Schwartz. Many stock market pros turn to Les when they have a question.

The Decision Bar Trader created by Les Schwartz is a very simple to use yet highly effective piece of software for trading just about every kind of market. Raw beginners can use the Decision Bar Trader and become successful in short order.

Les has been trading since 1988 and really knows his stuff. Les' theory is everything comes down to price. You can only make money by buying lower than you sell. (Or, if you're selling short, selling higher than you buy.) Les has built his system to take advantage of the natural entry points for almost any trading instrument. His method make perfect sense.

If you are looking for a simple yet effective method of trading, the Decision Bar Trader may be for you. There is a warning I can give you. Because it is very easy to use you may be inclined to not follow the system as Les teaches and go off on a tangent. Follow the Decision Bar Trader signals and you'll obtain better results than you've ever experienced. With the Decision Bar Trader you can trade long term, short term, (day trade), swing trade, and even trade options effectively.

It's very easy to learn the system and methodology. You can actually be up and trading the same day you receive his package.

Les offers a 30 day FREE trial. Postage of course is not refundable. Decision Bar Trader works for stocks, futures, and the Forex markets.

As mentioned above Decision Bar is applicable for all time frames as well as option traders.

One thing that you need to be aware of is that Decision Bar Trader requires that you use a live data source if you plan on day trading. Les advises traders to use real time data even if you are a longer term trader. Of course the final decision is yours. You are given sources of real time data that offer a free 30 trail so you can check out the system.

Decision Bar does require some thinking on your part. This is not a black box. Your decision to take a trade or not trade is made easy once you understand the system.

There is a low monthly fee associated with the system, however it's well worth it if you are a somewhat active trader. Bottom Line:

You really have nothing to lose by giving Decision Bar Trader a try because on the month long, no cost trial. Paper trade and see for yourself. Les Schwartz and Decision Bar trader are the cream of the crop in the sea of market gurus. - 23217

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