We have identified 3 danger signs that alert the trader to a potential adverse trade. Each danger sign leaves a clue to the underlying condition of the market the trader is following. We have evaluated most of the trading software that is available for trading and we assist each student in selecting which software system would fit their needs. There are also some great sites on the Internet that can reduce the start-up costs for the neophyte trader. The framework that risk management is built upon rests in the approach to money management.
Trading is speculation.
Then based on his knowledge of patterns and probabilities he finds an opportunity that presents itself where a profit potential exists. Once the reward to risk ratio is favored to the reward side the trader will put on the trade with the appropriate stop loss. Trading is a way of making a good living in the markets. It is not investing for the long haul. If you are interested in learning more about our tutoring program, please contact us .