Archive for category: Risk Management

35 Top Destroyers of Trading Capital

22 Dec
December 22, 2014

  When I asked my Facebook trading group what was the cause of their biggest trading losses, no one had any trouble remembering those painful and valuable lessons. These top 30 insightful answers will benefit new traders and provide a nice reminder for those with more experience. “What was the cause of the biggest draw […]

Turkeys & Risk Management

27 Nov
November 27, 2014

    There is a story in the book Anti-Fragile  of a turkey that is fed for 1,000 days by a butcher, and every day confirms to the turkey and the turkey’s economics department and the turkey’s risk management department and the turkey’s analytical department that the butcher loves turkeys, and every day brings more […]

Capital Preservation: 10 Trading Tips

21 Nov
November 21, 2014

  As a trader, your #1 goal is to keep your current trading capital safe and secure. Your goal as a a trader is to make money and not lose money. Many new traders lose their trading capital in the first year, but these ten tips will help you keep your capital intact so you […]

Starting a Trading Business

20 Nov
November 20, 2014

  If a new trader wants to be a successful, they will need to treat their trading like they would operate a profitable business. Many traders lose a lot of money by approaching trading like it is a hobby. In trading, making money is the goal, and must be kept at the forefront of a […]

8 Easy Ways to Blow Up Your Account

23 Oct
October 23, 2014

  Almost everyone has read the statistic that 90% of active traders are not profitable and eventually quit trading. While I don’t have the exact numbers, I suspect that a lot of those traders blow their entire trading account before they quit. Even many legendary traders like Dan Zanger, Nicolas Darvas, and Alexander Elder lost a […]

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