Thursday, May 10, 2007

Money Management

If you don't use proper money management to protect your trading funds, you are playing with fire.

Most traders don't even want to think about the possibility of losing, but there is no system on this earth that wins 100% of the time. Choose to ignore this fact and you are doomed to failure.

You must have a system in place to protect your capital against trades that don't go as planned. As I explain on my website, many traders dream of the "one big win" that will leave them set for life, but the reality is that without proper money management, most will fall victim to the "one big loss" that can destroy a potentially promising trading career.

Click here to visit my website to find out how to protect your money...

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