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Posted 13th March 2008 at 08:16 PM bybiyasc Updated 16th September 2008 at 11:50 AM bybiyasc
Trading with discipline will put more money in your pocket and take less money out. The one constant truth concerning the market is that disciline = increased profits.
I am one of the new traders who sees millions flashing.
I do options trading and now want to try out Futures. I always believe in stop loss as the savior. Before starting any position we should know how much we can lose (1-2%), have trailing stop loss, and let the profits run. Is this strategy correct? What will be your advice to a new trader like me?
i would suggest you to read the thread "teach a man to fish....." by saint, on technical analysis section. it will help you a lot to understand the nature/trend of the market.
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