DislikedHy Emm {quote} I love news like that, Especially when i have a clear wiev of what market is doing. I found that in most of the case the news is just a way to "accelerate" the technical situation, and it's not unusual to find good entry points with exceptional R/R. About money management. I keep having problems in defining what kind of MM suits me. I think there are basically 2 systems: let the profits run as much as you can or pick a trade with estabilished risk reward ratio (am i wrong?). Now, I prefer the second phisolosphy as i did...Ignored
People talk about money management so easily in public forums. It is just two simple words "money management, money management,money management,... " you can repeat that ten thousand times. What I have not read is anything concrete and proven to work. What is money management?
You read Dr Van Tharp books, that's great. I think soon you will have to embark on your transformation journey. Your transformation journey will be the breakthrough which you will make you succeed long term as an investor and trader. It will be life changing experience, one that will not only change your life but that of all your family and future generations.
This book image below you still do not have yet I am sure.
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No worries now, it may still be too early for this book now. First you finish the book - Trading Beyond the Matrix - The Red Pill for Investors and Traders.
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Have Good Weekend.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett