Currency Swing Trading - The Best Method For Novice Traders to Make Triple Digit Gains 

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princywilliam
Posts: 428

Joined: 12/5/2018
Topic  Currency Swing Trading - The Best Method For Novice Traders to Make Triple Digit Gains       Flag »  Reply »
Money management. I cannot stress this  UFX REVIEW enough when you are working toward a career in the any sort of market environment. Sure, you might think that you have all the fundamentals all down to the ground, but if you do not have that piece of paper or that log book that keeps track of all the things you have been doing throughout the week, and then there is really no point even investing in the first place. Get yourself organised. Remember, trading is a game and in any game, the only way to mark your progress or your performance is to be able to keep score.

Domination in your trading career can only be seen through the consistent performance of your online or offline trading account. If the score gets rebounded to zero, then you know there is something wrong. But the whole point of money management is that you should not be waiting till that point of time to realise that there is indeed something about the market that is wrong and what you can do to change your strategy. What you need to do is simple. Track your investments on a daily basis and from there make some informed decisions on what you need to do to make progress. Losing is never an option, but it is a reality in the trading game.

What you need is a measuring tool for that loss and your money is the best sort. If you lose X amount a day and on another day, lose a Y amount, there must have been elements there to make you lose less or more. This is where your own investigations can come in and you can then know what is wrong. Is it you? Or is it your strategy? There is always something to change and tweak. Or it could not even be both. It could be that the market is changing and some events in the world today are making that more tangible than you know. If you actually investigate why most traders in the world today are dropping like flies, you would notice that each and everyone has a missing fundamental in their trading game.


  Friday, January 18, 2019 at 1:36:40 AM

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