Money Management 5 of 7
One of the basic laws to be used with the win-loss ratio is good money management. A win-loss ratio can be improved with good money management. The first rule is to trade money you don’t need. If you don’t need the money then you can be more in control of your emotions and your trading. [...]
January 22nd, 2010Win-Loss Ratio 4 of 7
How do you establish a win-loss ratio? How many trades do you need to do? The more trades the better but you will need at least 100. We like to break in down in to groups of 20 trades and see what the ratio is on this small group of trades. If your ratio gets [...]
January 14th, 2010How To Handle A Whip Saw Market
There is no system that can prevent the market from whipsawing. There will be times when you will have a loss. By learning how to manage trades to minimize your losses your account can grow. This is the way we like to take the higher probability trades. When we get a signal on the 15 [...]
January 4th, 2010How To Become A Smart Loser 3 of 7
If you have learned a good trading system and know the mechanics of entering and exiting trades and you can make money on a demo account, this does not meant you have the temperament to trade successfully. Most people can learn the mechanics of trading and talk the talk but they cannot walk the walk [...]
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