Here is a equity building idea I have come up with for my own use. Somebody asked me a question about it so had to make it real instead of in my head. LOL
It starts out pretty risky but with the small amounts we are trading , It is ok plus most new traders are going to try that anyway ,, So a good lesson if they crash and burn for a few $$ . But once you hit step ( proper risk is in place. This is similar to the Forex fredom plan, But i suggest a loss prevention and I am not counting pips but $ levels. Also I recomend staying with minis so you can scale in smaller amounts as large jumps can trigger bad emotions and keep you from pushing the button.
Trade well ken
It starts out pretty risky but with the small amounts we are trading , It is ok plus most new traders are going to try that anyway ,, So a good lesson if they crash and burn for a few $$ . But once you hit step ( proper risk is in place. This is similar to the Forex fredom plan, But i suggest a loss prevention and I am not counting pips but $ levels. Also I recomend staying with minis so you can scale in smaller amounts as large jumps can trigger bad emotions and keep you from pushing the button.
Trade well ken
Good Trading To All ; Ken Lee