In my experience there are three components of trading that have to be managed correctly for the trader to be successful. There is risk management, system management, and mental management.
I believe that the majority of traders that do not succeed fail not because of their system or risk management but because of their own mind. There are countless profitable systems out there and risk management should just be math, so it comes down to discipline, self control, and perseverance to eventually …
I believe that the majority of traders that do not succeed fail not because of their system or risk management but because of their own mind. There are countless profitable systems out there and risk management should just be math, so it comes down to discipline, self control, and perseverance to eventually …