PERFORMANCE Practice the philosophy of continuous improvement. Get a little better every day. Increase your performance. 05 SCHEDULE A REGULAR PERFORMANCE REVIEW Collecting data is all fine and good. But it’s only useful when studied. Regular...
25 RULES TO BECOMING A DISCIPLINED TRADER How is it that some traders only last a few months while others carve out a career in markets over a lifetime? One word… Discipline. Discipline keeps us alive when...
Stops are a necessary evil for any trader who wants to stay in the game. Some traders may try to avoid using stops but all it takes is one surprise headline and the game is over. I...
How much should you risk per trade when trading? This is a question that every trader must answer for themselves, as there is no definitive answer. The amount of risk you take on each trade should be...
Setting Your Risk-Reward Ratio It is reasonable and a good idea to set up a risk to reward ratio for each trade that you enter. Knowing ahead of time how much you stand to gain versus how...
Risk Management for Traders There are few maxims in trading held at all times and for all traders, but at least one concept will always be relevant to every trader. That concept is risk management. From a...
For any trader, managing risk is essential to success. But what exactly is risk management? In this blog post, we’ll explore what risk management is and how it can help you become a successful trader. We’ll also...
Trading can be a great way to earn income through profits, but it’s important to remember that it’s a risky business. That’s why it’s important to design your system and test it before you start trading with...
The management of risk is frequently overlooked by traders. It is cited as being a boring subject where complicated formulae are needed to understand and quantify risk. Many traders especially in the modern world of hit-and-run or...