Abderrahmane1992 posted:Teejy88 posted:
My one and only rule! Risk management, manage your risk and you will not fail.
I second that. Risk understanding is critical to trading. Without that even a good trader will lose all their money
I third it
Treeny posted:Abderrahmane1992 posted:Teejy88 posted:
My one and only rule! Risk management, manage your risk and you will not fail.
I second that. Risk understanding is critical to trading. Without that even a good trader will lose all their money
I third it
Why will risk management stop you failing? Does this mean even if I randomly enter trades I will still be able to profit if I use risk management?
1. test fresh strategies on demo
2. trade with stop loss
3.never follow the crowd blindly.
2. trade with stop loss
3.never follow the crowd blindly.
Mar 24 2019 at 07:21
great thread. I am a newbie so will be following this with interest
Apr 04 2019 at 12:14
Atchris posted:
1. test fresh strategies on demo
2. trade with stop loss
3.never follow the crowd blindly.
The last point is so important! So many (beginners especially) want to know every little detail of other people's successful trades.
Successful trading is depend on most powerful analyzing trade knowledge , on the other hand , despite of good trading knowledge that’s not possible at all to lead a successful trading life at all if you don’t have a reliable support from a credible trading broker , because the broker can affects the result of our trading with certainly.
Apr 16 2019 at 05:45
1) Select a credible regulated broker - preferably UK based with FCA regulation.
2) Risk Management! - risk management! - risk management! - is the key to success.
2) Risk Management! - risk management! - risk management! - is the key to success.
robert.davila1@
1 - Don't revenge trade.
2- Proper risk management
3- Test new strategies for 1month and if fails then move on to the next one
2- Proper risk management
3- Test new strategies for 1month and if fails then move on to the next one
always using very sound trading systems or eas
low risk
never getting greedy
low risk
never getting greedy
nick123427@
