Plan For The Worst, Expect The Best

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 .

KNOWLEDGE PAYS U BACK EASILY

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.  

After Series Of Demo Trading ....................

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 

 

No matter How You Fall, You Can Still Make It

Indeed it always amazes me how the successful can fall and still rise to the top in life. Trading is still likened to life experience. You have got to expect losing trades but what ability to sub-come it with money management skill is the ultimate. I want you to watch the video below and be strengthened with it please. Listen, as a newbie to trading world , you will be expected to lose trades in fact blow and burn your account several times. I have experienced it several times as well before realizing what I was doing wrongly. Please learn from your mistakes and move on. After watching the video, I will add some rules you should follow for a successful trading arena for you.              Enjoy.......................  

                                    

Hope you enjoyed that?
Here comes the rules please stick to them >>>>>>>>
1. Love to lose MONEY 
2. Be disciplined enough 
3. If your trade is not going anywhere at a time, exit immediately.
4. Be patient enough, it is better not to        place a trade, than to lose it.
5. Make the same type of trade over and over      again. 
6. Don't over analyze otherwise you will lose trade. Never be too late to enter a trade.
7. Don't over trade otherwise you will surely lose and burn your account.
8. Never had to a losing trade.
till next time enjoy. 

Successful Trading Session Recorded

This is really DEMO but i can tell you if you will truly follow all the steps as outlined nothing can stop U from achieving your goal. I am going for my LIVE account and I will try as much to record the same result there because I believe as for DEMO so shall it be for REAL LIVE ACCOUNT .
See the present balance below 

See my balance after few trading sessions Knowledge is everything you need to know this.

See the trades taken as well below and discover how profitable it has been for me 

You can see yourself . 

How Did I Realize This?

1. METHOD

I sticked to my method and never deviated from it for once

2. MONEY MANAGEMENT 

I never got greedy like my early stage when i was so much in a haste to make it quickly. Grow strategically and steady. U will surely get there  

3. MIND 

I was fully disciplined and fully FOCUS on my course . 

These are the three absolute factors to my DEMO success so far. I will now proceed to LIVE and see how far they can take me too.

The Greatest Difference Between Successful Traders N Average Traders

Money Management is everything I must confess. See my greatest mistake below and how i ruined my account again.If you must survive in this industry , then this must be your secret weapon. Strict Money Management with a very undivided discipline over time you will join the few elite traders making a killing within the industry. Please be aware that this is the ultimate no matter what your trading skill may be if you are not discipline enough , then just a loss is all you need to come down completely like the one below. However if you do not want this to happen then you have got to be  patient enough with the cardinal RULE -

               NO SIGNAL, NO TRADE   

What do you think is my mistake?
Over confidence
Over trading 
Impatience 
caused all that now I am back to $300 from $2000

Tonight Trades Update- Whatever Went Wrong ...........

Yes goes up must come down with a right knowledge if indeed you know what you are doing. Knowledge is all you need to scale through see below ........

really trading really calls for common sense i must confess