Risk and money management are indeed very important for a trader, you should not neglect them. You mentioned about 11 unsuccessful trades in a row. Several unsuccessful trades in a row signals you that something has gone wrong and you should stop trading and start analyzing. A trading plan is a great tool to help you do this: by making a plan, you are better able to control your activity and avoid taking serious losses. Some of our traders call a trading plan a “greed pill” – quite a good comparison, in our opinion.
Sometimes, learning to trade takes months or even years. After all, this is serious work. We understand your feelings, but when something fails, there is always support! Successful trader is in our interests and this is a guarantee of long-term cooperation. We are ready to help you and sort out your mistakes at any time.
Regards, Olymp Trade Quality Control Service.
Vadim Kvarcyaniy
Olymp Trade
9 January 2019 at 12:22
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Months or years? So you have a young lady, someone Alina Kuznetsova wrote that from the start, less than six months for the new X6! )) A self-made trader, maybe? ))
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Victor, we salute you! Risk and money...
Victor, we salute you!
Risk and money management are indeed very important for a trader, you should not neglect them. You mentioned about 11 unsuccessful trades in a row. Several unsuccessful trades in a row signals you that something has gone wrong and you should stop trading and start analyzing. A trading plan is a great tool to help you do this: by making a plan, you are better able to control your activity and avoid taking serious losses. Some of our traders call a trading plan a “greed pill” – quite a good comparison, in our opinion.
Sometimes, learning to trade takes months or even years. After all, this is serious work. We understand your feelings, but when something fails, there is always support! Successful trader is in our interests and this is a guarantee of long-term cooperation. We are ready to help you and sort out your mistakes at any time.
Regards, Olymp Trade Quality Control Service.