Administrator » 5pm - Mar 4, 2011
For better or worse, people who want to get involved in Day trading, the stock market, trading and investing with futures options or the Forex, perhaps they start off adequately funded, and through poor money management - they end up losing it all very quickly. Or perhaps ones look to get started, with a minimal account. What to do? Well, they can try to trade their way back to a break even point immediately. Committing the same mistakes that got them to that point? Or, they can start to look at what drawdown means to a low funded account. If you have a low funded account, you have already violated a money management principle. Namely, to have an adequately funded account. Therefore, regular capital infusions is VITAL to the success of the accounts. We discuss this and other points in the following video ... NOTE: This is not an investment or trading recommendation. The losses in trading can be very real, and depending on the investment vehicle, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have 12 years of experience in trading and investing in these markets. The Challenge accounts are run for the education of other traders who should make their own decisions based off their own research and risk tolerance. Included Music is by Paul Young. A personal friend and is not a part of any music license, recording label, etc
For better or worse, people who want to get involved in Day trading, the stock market, trading and investing with futures options or the Forex, perhaps they start off adequately funded, and through poor money management - they end up losing it all very quickly. Or perhaps ones look to get started, with a minimal account. What to do? Well, they can try to trade their way back to a break even point immediately. Committing the same mistakes that got them to that point? Or, they can start to look at what drawdown means to a low funded account. If you have a low funded account, you have already violated a money management principle. Namely, to have an adequately funded account. Therefore, regular capital infusions is VITAL to the success of the accounts. We discuss this and other points in the following video ... NOTE: This is not an investment or trading recommendation. The losses in trading can be very real, and depending on the investment vehicle, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have 12 years of experience in trading and investing in these markets. The Challenge accounts are run for the education of other traders who should make their own decisions based off their own research and risk tolerance. Included Music is by Paul Young. A personal friend and is not a part of any music license, recording label, etc