Summary of risk management
Be a banker, not a gambler! Remember, bookmakers are wealthy statisticians! Money
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The relationship between different amounts of capital losses
The figure below reflects the difference between risking a small portion of
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Capital loss and maximum loss
We know that money management can make us profitable in long-term trading,
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Summary of transaction log
In each of your transactions, always record the following details: why you
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Statistics of transaction records
(Total profit and loss) allows you to understand your overall trading performance,
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Review of the transaction log
Looking back means looking at what happened before. When you have closed
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Transaction management rules
Before you consider entering into trading, you should have a game plan.
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The transaction log tells you when to enter the market
The entry trigger tells you when to “fire”. The market
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Five elements that must be included in the transaction log
You write down everything you want and do before, during, and after
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Why does a trader do a trading log
Write a log? Isn’t that only done when the stupid high
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Combination and summary of trading time frames
We like to use the triple time frame, because through the triple
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