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Posts by wilfredoaa

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Why not trade your own money? in New Traders Sep 16, 2010 at 18:34
If you have something that works, you can make that into big money over time. Enough to pay bills, make you rich and give you financial freedom.When it comes to MM i think in ratios. Whatever you do with 100, 1,000 or 1 Million will be the same. If You can make a small account grow. You will do the same with a bigger account. If you blow up an smaller account than you will do the same to a bigger account too. For the ego of course is better to have a bigger accounts... but does it make you a better trader?If I was to manage a trading account for somebody... what I would do is make sure I get s...
Why not trade your own money? in New Traders Sep 16, 2010 at 07:18
I see some benefits on trading others peoples money. But at that same time there are somethings that don't appeal to me.For example... Loosing somebody else money. or Making money for somebody else.I think most traders think that they need big accounts to make more money and the reality is that instead of making more money traders end up loosing more money.I mean if you only have $100 and you consistantly make 20% to 40% a month. This money at the end of 10 years or 20 years will be a lot of cash. Yeah you might not make a good living out of it but if you save and reinvest you could retire...
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.
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