Posted by: maggie
There are many things to take notice of when managing risk. One of the most significant matters is to make sure your risk is measured and is under control and your account doesn’t suffer from a string of losing trades that might have the potential of wiping you out of the market.
Trading without stop-losses when you’re on a budget or a limited account size carries high risk. Trading without ...
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This just goes to show that we’re on the right path. Patterns are what turn chaotic data into something meaningful, and the patterns that we use do not only unlock one of the greatest advancements in technical trading, but also widely outside the markets with the discovery of the fib sequence. At the time of this writing, episodes 1-4 have been released in the first season.
Continue Reading →Posted by: maggie
How necessary is that we change the way we trade and the method we trade with?
The answer is simple. If we are making plenty of money trading the method we’re using and there’s little or no room for improvement, change isn’t necessary.
But if we’re not making money; if we’re in that group of 95% of traders who can’t seem to succeed; if we’re digging ourselves into a hole with our account balance plummeting, it’s time to alter our approach. The ...
Continue Reading →Posted by: maggie
Devastating losses – have you had them trading Stocks or Forex? Have you blown up an account or two while learning to trade?
Trading for a living can be one of the most frustrating things to do. That is, unless you can get past the loss-making and into the profit-taking cycle. That’s where Harmonic Pattern Trading holds its own.
A lot of traders start out with a small bank account and dive right into the market maybe under someone else’s guidance or ...
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