Perhaps the most important part of a trading system, a Risk Management strategy is used by professional traders to protect their capital, manage their trade positions, and have a consistently profitable trading system.
Before they put real money behind it, professional traders put their trading strategy through multiple tests to ensure its success. Don’t leave anything to chance. Test your strategy BEFORE you invest in it.
There is a Holy Grail to trading. But it isn’t what you think. Discover how to create a Trading system that is designed for consistent profits. Use the tools that the professionals use to put the odds of success in their favour.
The business of trading is a business unlike any other. If you treat it as a business, it will continue to earn for you. Understand the components of this business and how you too can trade for a living.
A trade plan is the blueprint of your trading business. Find out all the components of a professional trade plan. Remember, fail to plan and you plan to fail.