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
If you're new to trading, it's easy to let the excitement of making mouth-watering profits from your new venture stand in the way of dealing with vital aspects of your strategy.
But before you even contemplate putting a trade on, you must realise the importance of risk management and make it a major part of your strategy.
So why is risk management so important when you trade? And how can you... ››› more