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rookstar

5,097 Posts.

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23/07/18

22:06

Post #: 34527058
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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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