Shares, Forex, Futures, Choices, Commodities or no matter you trade. A Profitable trading consists of three elements as follows cms자동이체:
- Psychology for 50%
- Cash Management for 30%
- Market Evaluation and Trading Techniques for 20%
For a lot of merchants, they spend most of their time in search of good trades and solely give attention to the final issue, Market Evaluation and Trading Techniques, which is the least affect on profitable trading.
As soon as merchants enter a trade, they depend on their feelings to make their selections and miss the important aspect of successful, the management of their feelings. Their missing of managing themselves results in poor managing of cash of their trading portfolios.
That is why most merchants are failure.
With out a technique of managing your cash, even the most effective trading system or technique is completely nugatory. The 100%-win system doesn’t exist, due to this fact the strict guidelines to handle cash will present a safety web for merchants.
That is why the cash management is so necessary in trading.
The foremost targets of cash management rule are:
- Making certain survival in markets – Nobody by no means fails, so merchants have to remain in markets lengthy sufficient to win
- Earning regular price of return from the trades – the volatility of earning price from every trade must be low
- Earning excessive return from the trades – merchants are in a position to get excessive returns with no dangers or decrease dangers in the event that they handle their cash effectively
Lastly, A most significance rule of managing your trading cash is Don’t change cash management rule whereas the opened place shouldn’t be but closed.