Raymaxfx
New Member
Youve been having problems with money loss in the market?
the answer to that question is clear. I'd like to use an example. It's like going fishing without a fishing rod, fishing basket or even without a boat, you won't fish!
You need knowledge!
So these 3 steps will help you prevent money loss.
Step 1: PATIENCE, PLANNING AND ANALYSIS
Always have in mind that trading is risky if you can't apply risk management and don't enter a trade without proper planning, patience and analysis.
Step 2: LOTS AND LEVERAGE
Picking a bigger lots is like going to a battle field with needle.
Choosing a better and "lower" lot size and leverage will help prevent burning you account.
Step 3: REWARD RATIO
Always compare your profits and losses to help prevent future losses
the answer to that question is clear. I'd like to use an example. It's like going fishing without a fishing rod, fishing basket or even without a boat, you won't fish!
You need knowledge!
So these 3 steps will help you prevent money loss.
Step 1: PATIENCE, PLANNING AND ANALYSIS
Always have in mind that trading is risky if you can't apply risk management and don't enter a trade without proper planning, patience and analysis.
Step 2: LOTS AND LEVERAGE
Picking a bigger lots is like going to a battle field with needle.
Choosing a better and "lower" lot size and leverage will help prevent burning you account.
Step 3: REWARD RATIO
Always compare your profits and losses to help prevent future losses