Money management

The Differences Between Trading with Skill or Luck

          Many times, good traders make the right trade but still lose, but it is okay because they will win in the long term because their method is tested, their risk is managed, and their mind set is right for trading. They have skills. Other times a new trader with no

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10 Things That Each Trader Must Master

  For me, author, teacher, and full time trader Alexander Elder really brought my trading together in a way no other author had. He gave me the framework to build my entire trading plan around: THE THREE M’s: Mind (psychology), Method (a trading edge) and Money (risk or money management). But what does each of

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