Wednesday, February 5, 2014

ALWAYS REMEMBER the rules of Risk Management, proper position size, emotions and discipline

Two days into second month and I disobeyed nearly all the rules that have obeyed and tried to maintain during the first month. Needless to say my demo account has been almost annihilated.

I am still analyzing the key areas, times, places and other factors which all contributed to this disaster.

But while not completely out, it will definitely affect my schedule. I look at it more as a valued lesson to help strengthen my resolve to become a consistent trader.

Details of the demise to be updated later.

RULE #1 TO ALWAYS OBEY ....

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