CEO at FibForex123Thu, Nov 29 2012 11:00 GMT
Duration: 0 h, 45 min
Moderator: Vicky Ferrer
A Trading Plan is often the thin line between success and failure in the markets & the ‘Trading Plan’ must incorporate the 3M’s - Money, Mind & method…in that order.
Out of these “Money Management” is the most important part of a trading plan…and ironically the most ignored.
If a trader understands only the following 2 rules of money management, it increases the probability of success –
1.) The Risk-to-Reward ratio.
2.) The correct exposure of the trading capital.
We will have a look at these factors & implement it in a “Trading plan”.
Recording of the webinar