trading-is-easy-part-2-risk-management

Trading is easy, isn’t it? [4 Dec 2016] (Part 2)

In my previous article “Trading is easy, isn’t it? [20 Nov 16] (Part 1) click HERE”, I have discussed the importance of one’s psychology in trading. However, I have only given a general outline on risk management and trading system which are also very important topics. In this article, I will elaborate on risk management compiled from various trading books and will add in my thoughts under “–>”.   Risk management – What it ACTUALLY means… Risk management is a set of pre-defined guidelines which serious traders adhere so as to survive in the market over the long term. Risk […]

trading-is-easy-part-1-picture

Trading is easy, isn’t it? [20 Nov 16] (Part 1)

If somebody says his profession is a trader, what will you immediately think of? I believe most people would immediately flash across thoughts of fine dining, fast cars and effortless work. Is this really the life of a trader? If it is so easy, why don’t we all jump onto the “trader” bandwagon? In my opinion, trading or punting without consistent profits and plans is easy but it is not recommended. It is akin to gambling. If we are referring to trading as a consistent means of earning our keep, it is not easy. Ask any professional trader and nine […]