June 5, 2015

Just learn to manage the risk in your trade

Just learn to manage the risk in any trade... nothing else is important.

You can follow anyone... take tips from anyone... it does not matter.

No one is a genius so expect half the trades to fail anyway.

Learn to minimise the loss because the loss you can bear is the only thing you can know with certainty in any trade.

Everything else is unknown so forget targets and do not believe anyone if he/ she gives you a price target.

Profits are whatever the markets give and you have no way of knowing with any degree of certainty how much you can earn in any trade.

So how to manage the risk in any trade? Simple. Make sure you do not lose more than 1% of your capital in any trade,

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