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Thanks for the response. I've read Freehold's education thread,...

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167 Posts.

04/07/18

02:46

Post #: 34120608
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Originally posted by h00ts ↑

Money management is the hardest thing -Its a truism that says 90% of traders will go broke the 10% that dont will have learnt the hard way losing their own $$$ - The hardest thing is cut the losers quickly and let the winners run - Stop losses are essential for the bad trades and trailing stops for the winning ones to lock in the hard earned profits.

Never have more than 10% or 20 % of your capital on one trade - if you haven't already done so go and read @Freehold education thread from start to finish read it a few times. Forex trading has to be the hardest IMO commodities and indexes marginally easier then individual stocks.

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Thanks for the response. I've read Freehold's education thread, very informative. I guess I just needed to hear some reassurance and it seems you have been doing this on your own for quite some time so it's good to hear that there is a chance at making it. Thanks h00ts.
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