Are you one of the numerous swing traders that takes the same level of risk notwithstanding the business conditionso you always trade "a thousand" shares just because that's an easy number to remember will discuss several finer points that might help you to become better at managing riskirst and foremost, the Pristine Trained Trader (PTT) should have a Trading Plan outlining his money management rulesere you should establish parameters such as a "maximum loss per week-month"hen establishing a maximum loss per trade (considering that no one can know which trade is going to work out), the PTT has to decide whether he need to haves to follow a more "static" approach where all his potential losses will be similar, or whether to adopt a more "dynamic" set of guidelines created with the purpose of governing when to be more aggressive, less aggressive, or not active at allirst and foremost, you should discover the fact that not all business conditions present ... [Read More - Forex Dealer]
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