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7 Things Trader’s Do That Blow Up Their Account
“Where you want to be is always in control, never wishing, always trading, and always, first and foremost protecting your butt.” -Paul Tudor Jones Many will be surprised that great traders are not born that way, most blow up there first accounts, Alexander Elder, Dan Zanger had to start all over again after going to near zero the first time out of the gate. Nicolas Darvas also had a huge draw down at first of over 50% before making his $2 million. While the 1% risk rule can change a blow up into a draw down thinking errors are what cause traders to risk big and the wrong times. Account blow ups usually stem from ... (full story)
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Manage probability while following the TREND.
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Gain or Lose there is always a winner named Market!!!
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