I am a real trader who trades real markets in real time with real money. I am not an academician or a person who relies on the sale of books to pay my mortgage. I am not selling a trading system or subscriptions to an advisory web site. I am just a trader trying to make money from the markets.

Successful speculation is mostly about managing risks. In fact, good traders view themselves first and foremost as risk managers. Just like “Texas Hold- Em,” how one plays his or her cards is more important than the cards themselves. Money management has not been given the attention it deserves.