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6.SEMWEB-FP.Don’t Compromise Your Trading: Learn the Money Management Skills Necessary to Succeed
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An often overlooked ingredient to becoming a successful trader is money management. In fact, poor money management is the number one contributing factor to failing as a trader. Even if you continuously execute winning trades, without the necessary strategy and skills to manage your capital, you are guaranteed to meet with disaster. In this class, Fausto will cover the proper ways to manage your capital and ensure your success as a trader. Within this course you will learn how to: - Determine how much of your capital to risk on a given trade
- Set your stops properly
- Let your winners run with effective trailing stops
- Know when it's time to take your profits
- Adhere to a trading discipline
- Adopt a consistent trading approach
- Treat both profitable and losing days with the same mindset
- Use direct access trading to maximize your profits
Don’t compromise your trading with poor money management! Apply the lessons you will learn from this class to survive and thrive as a trader.
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6.SEMWEB-FP.Don’t Compromise Your Trading: Learn the Money Management Skills Necessary to Succeed
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