How To Position Size

How To Position Size

There are only three directions for market prices to move; up, down or sideways. And because of this, any layperson can from time to time make a correct market call. But to make money consistently you need skills in market timing, handling emotions and money management. Knowing how to position size correctly falls under money…

Introduction To Money Management In Trading

Introduction To Money Management In Trading

Ask three different traders what’s the most important thing in trading, and it’s likely you’ll get three different answers. One will say, ‘market timing’. Another, ‘nope it’s trading psychology’. The third, ‘nah, money management. That’s the key’ Actually, they’re all wrong. Each is equally important. Because, like any three-legged stool, take one leg away and…