Many traders obsess about getting a high win rate on their trades. They strive to bank as many winners as they possibly can.
But the fact is, you don't have to have a very high win rate to be a successful trader.
It all comes down to the way you manage your trades…
Why a high trading win rate isn’t that important
Consider this scenario…
Two traders, Sam an... ››› more
It's easy to concentrate on how much money you can make from your trades. But unfortunately in the world of trading, even the best prepared trades may not work out.
So how can you deal with this when you trade?
Read on to find out…
You can’t ignore money management with your trading
Regardless of how good your trading strategy is, you’ll never get it right all the time... ››› more
Many new traders are so eager to start trading, they forget to sort out the money management side of things.
But by neglecting this, they're unlikely to do well trading.
So how should you manage your money when you trade?
Let's take a closer look…
Why money management is so important when you trade
Money management is a vital aspect of trading the stock market as the risks are... ››› more
Starting to trade with your own money after using a demo account is a nerve racking experience. What if you get it wrong and you lose money?
Losses are part of trading. You can't expect to get it right every time. That's why it's vital that you manage your trading account in such a way that you can take a few losing trades and still have enough money to continue trading.
So what's the best w... ››› more
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