Hi Traders!
Learning how not to lose money is crucial for every trader’s career. It is actually more important than making money (in a way). It is all about the math, let me give you an example. You make 35% this month – WOW – this is amazing! In 6 months you will join the club of millionaires. However next month you realize a loss of 47%. If this is your average performance ratio, you won’t get far.
There is nothing wrong making 10-20-50 or even 100% in a month. The key however is to be able to keep your profits larger than your loses, so the curve goes up, rather than down. Of course being realistic, we all know (if you still didn’t realize it, you will) that even 10% a month is very high return and it should be somewhat the limit of your expectations, pardon, realistic expectations! (Learn how to make 2-5% a month consistently and I can promise you that hedge funds and banks will hire you.)
Why I’m talking on this subject again? BECAUSE IT IS REALLY IMPORTANT!
This week is yet another example. Compared to previous weeks performance, the results are close to break even with small profits. This means that we dodged the “market bullet” and managed to keep our profits. Even if small loss occurs it should be less than the average weekly return.
Weekly Performance Summary
|
Forex Libra Code |
Total pips +373.8 |
Return on investment +1.44% |
|
Forex Triple B |
Total pips +41.8 |
Return on investment +0.85% |
|
sRs Trend Rider 2.0 |
Total pips -23.6 |
Return on investment +0.48% |
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If you like the sRs Trend Rider 2 and want to achieve the same result or even better – you can download it for free. Click on the button below to get your copy.
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If you like the Forex Triple B and want to achieve the same result or even better – you can download it for free. Click on the button below to get your copy.
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Yours,
Vladimir
Great information for a trader to have at hand. Thanks
Good educating post actually
Thanks for posting it, really useful