every trader should have a trading survival plan that gives hi the longest life in the market . my surviving plan depends on the strict money monagment to my capital
every trader should have a trading survival plan that gives hi the longest life in the market . my surviving plan depends on the strict money monagment to my capital
While I'm in a position of loosing streak I use a plan which prevent my account from further bleeding. That is hedging with a double lot size. If my prediction is ok, then I can recover my account, if not full at least 80% recovery can be managed by hedging. It's really a wonderful tool to prevent account from blowing away.
really when i start this business i will try to take high risk and next i invest lot of money. So every trader should try use a real method like survival plan and it will help you to make your management.
My survival plan is i do this trade honesty and i do this trade very carefully and try to use many skill and strategy.then i must many profit for this business.
I have some plane and I always try to do true my idea for trade site. At first I don't understand what do I do, but now I know every thing for trading business.
i dont have survival plan in my trading but i think its very essential to have a survival plan because if you dont have you could loose your whole account as i did
when proffit will be in a good position then it liable to think otherwise not. 5% account should have then take a risk to blow up for the trade. it is very much predictable. thank u
Yes, I have a trading survival plan and this was included in my trading plan that includes money management for preserving and protecting my profit and capital and the risk management for the survival of my accounts against drawdown and margin call.
i have simple plan....get profit 1% get loss .5%
it makes me happy.