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If you think I should start using stop loss training course yes, practiced on a demo account yes, later found out how to put it the ideal stop loss according to the trading style. Meanwhile real trading his or her who without stop loss must use a money management who strict yes in order not to exposed to margin call
Yes it is there choice orangyang trading with stop loss, but that we should have an accuracy of 90% because only then we can be successful, but if we're wrong order continuously stop loss that could be the No. 1 killer, but to use money menejement I think it is safer, the important do not ever order exceeds the limit.Quote:
Originally Posted by liezang
It is important that a steady amount of money put on each trade. Not in a pile and then eight categories of trade, which is often a sign of success is just a confidence of success rate does not change the system.
It is usually ticks to be able to end up being consistent throughout The kind of income that you location at each trade. Do not trade 1 lot, then later This night out trade 8 lots, Just like this can be a sure-fire indication you\'re not confident in the rate of success of the trading system.
if I am a good money management it does not use more than 5% of the equity, if you have more than 5% I think it is very risky
Then specifically in the study of money management, of course, should also make a personal contract. This would be great in the development of MM mastery. But in the process often has an error, then it is reasonable and keep fighting. Greetings profit.
cash administration within buing and selling is definitely an important things to become observed. Cash administration may be the crucial in order to revenue within buying and selling, numerous experts btingin more cash using their fash administration program instea of buying and selling their own program, within the feeling rom the part. The buyngand slling program wouldn't end up being total with no associating cash administration guidelines.
Mercantilism in money management is a crucial factor to pay attention. Money management is the key to profits to commercialism, create multiple professionals {more cash | money | more extra money} of your system for the management of money instead of commercialism in the system. A system of mercantilism would not be completed before the money management rules are accidental.
The business principles in which we tend to pay little or no capital to generate horrible huge profit. The risk is that we have a lot of traders who World Health Organization learns about horrible as heeded profit might get.
Revenue management with the company is definitely an important thing that you said. Money management, it would be important for profit, different trading pros earn more money using their program for the company's revenue site business program, within the position of common sense. A new business program not be reduced with full rules for the management of revenue by linking.