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Hi All,
This is my first blog, hope that all traders (especially new traders) realise that the way we trade in competition are crazy stuff and newer attempt to trade this way on LIVE account. This is recipe for disaster.
One of golden rules in trading is MONEY MANAGEMENT, RISK to REWARD ratio, and 2% of your account as max risk for any trade.
And of course Patience, Patience, Patience. Like Real Estate agents have 3P as Position, Position, Position traders have 3P as Patience, Patience, Patience…
This is my first blog, hope that all traders (especially new traders) realise that the way we trade in competition are crazy stuff and newer attempt to trade this way on LIVE account. This is recipe for disaster.
One of golden rules in trading is MONEY MANAGEMENT, RISK to REWARD ratio, and 2% of your account as max risk for any trade.
And of course Patience, Patience, Patience. Like Real Estate agents have 3P as Position, Position, Position traders have 3P as Patience, Patience, Patience…