When should I Review My Trading results? 6 of 7
How much of my account can I lose before I go back to demo trading and review what I am doing wrong. We have heard from 10% to 35% draw down before you should stop trading and analyze what is happening. We lean to the 10% area. You will have to decide what is right [...]
February 6th, 2010Is It The Market OR Are You The Problem?
Do you find yourself hesitating to pull the trigger on trades, and when you look back you say, I could have made a lot of pips on that one if I had only. Do you still leave trades on hoping they will come back. You know the “blowout trades” that take all of the money [...]
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 [...]
keep looking »