Professional traders look out for how much they can afford to lose before trading at all, amateur traders look out for how much they can gain. Two important laws you must always remember please write it somewhere always go back to it --
1. CAPITAL PRESERVATION - always ensure you keep your capital this is what still keeps you going in business otherwise nothing again. Business is about profit but if you lose your greatest weapon , what else?
2. REMEMBER RULE ONE - this is to show how important rule one is. Thus , always keep these two rules in mind and you will keep soaring soaring higher and higher with them thus here I go placing my trades this morning before my day job, will be back in a moment thanks with my 20% profit hold on then . Lest I forget if you have not opened your account please better and start practicing with the demo account which is the virtual money and see how far you can go .
See the reward of studying hard. Always remember DREAM BIG BUT STUDY HARD. Also, be really hard on yourself otherwise you will keep wishing for life with nothing to show forth for it. See screen shot below for the trades I just placed. Really growing gradually pays than over night success. Remember all the rules to successful trading as this is a real business thus treat it as such.
thus far my update, please stay tune u will keep getting more.
Thus it's time to go trading on live account and I mean LIVE account
Funded with $50 after several burning of my accounts and I believe its time to go profit indeed. Listen , knowledge is everything but if action is supported with it, it amounts to nothing. Thus, I am going to put into practice what I have learnt thus far, therefore I want you keep coming back here so that U can track my progress thus far if trading is indeed lucrative or not. In two days I have turned the $50 into $96 but I believe I can easily turn it around into three good figures then to four figures let's see how it goes , thanks and stay turn. See the account shot below
