#8 YOU ALWAYS WANT TO BE ABLE TO COME BACK AND TRADE THE NEXT DAY
June 1, 2024
GET OUT OF YOUR LOSES
June 6, 2024
#9 EARNS THE RIGHT TO TRADE BIGGER
Too many new traders think that because they have $25,000 equity in their trading account that they somehow have the right to trade five or ten eMini S&P contracts. This cannot be further from the truth. If you can't trade a one lot successfully, what makes you think that you have the right to trade a 10 lot?
I demand that my students show me a trading profit over the course of
ten consecutive trading days trading a one lot only. When they have achieved a
profitable ten-day period, in my eyes, they have earned the right to trade a
two lot for the next ten trading sessions.
Remember: if you are trading poorly with two lots you must lower your trade
size down to a one lot.
About Author
I am Ninoslav Golubovic, the owner and CEO of MAPROFX my FB Page find here and Instagram here.
As per the job profile, my first work is to determine the signals of forex trading and guide my team members in that direction. The next work that I have is to
ensure that the risks associated with this trading are minimized to the maximum extent and so that people get maximum profits.
