Saturday, October 9, 2010

34. Why do most traders lose money, and the solution

www.informedtrades.com A lesson on the importance of money management in trading and most traders like to ignore the stock market, futures, forex and money management because they are unimportant and therefore lose money trading. Because most operators fail in our last lesson we finished our series on candlestick chart patterns with a view of the Inverted Hammer and Shooting Star Candlestick Chart Patterns. In today's lesson we will begin a new series of cashManagement, the most important concept in business and why most traders fail. Over the last few years in financial services I have hundreds if not thousands of traders trade, and looking back I see people who are smart smart enough to have accumulated large sums in their careers, non-commercial do you open a trading account and loss of substantial What would you think of money are easily avoidable mistakes that you might think even the dumbest dealerwould be avoided. The dealers themselves are the ones that are too good or too smart to make the same mistake of making the test of many others, and will skip this section is about to get what they feel the "real meat" of the trade, the strategies for collection of entry points. What these retailers and many others fail to realize that what separates the winners from the losers in trade is not as good someone is harvested at their entry points, but how well you factor in what they will do,...

No comments:

Post a Comment