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Tips for beginning traders

tygas(25)
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#rick
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  • Trading is hard. 90% of traders never manage to be consistantly profitable.
  • Greed is your enemy.
  • A good trader is a good risk manager.
  • Use Stop Loss and dont move them in the middle of a trade.
  • The more leverage you use, the more certain you will fail.
  • If you cant sleep at night, your positions are too big.
  • You need to manage your emotions. Try meditation.
  • You dont need to have positions open at all time.
  • An average of 1% profit per week compounded will make you filthy rich.
  • A good strategy is not the most important part of your success. Discipline is.
  • Repeat this mantra: “I am a very good trader”

My name is Rick and I live in Mont-Tremblant, Canada
You can contact me on my website http://livebitcointrading.com

Daily live trading: