January 29th, 2010
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. Make sure that [...]
Don’t Swim Upstream
Early in my working life I became a shift manager. When a rush of work came in I would jump in and
start working right along with the other members of the team. My supervisor suggested that I not
jump in and do the work but look at the big picture and direct the flow [...]
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