Posts by ouzobeagle
InstaForex Pamm : Anyone used this platform In New Traders Nov 21 2011 at 20:26
I totally agree with you. I lost money as well because I thought that you just pick someone good and let your money grow. Therefore I have some rules for my trading: 1. Never ever start a trade without S/L 2. Use small lots and reduce drawdowns! 3. Every lost dollar is one dollar lost too much therefore always reduce loses first. 4. Do not get greedy if you have a run. Bad streaks will come one day as well. Even on Zulutrade I noticed that you can lose lots of money if someone uses martingale to make a bad system a winner.