Showing posts with label money management. Show all posts
Showing posts with label money management. Show all posts

Tuesday, December 1, 2009

Trades

Who needs 'em anyway right? Not me.

They say to be a successful trader there are 3 things to worry about:

1. Trades (25%)
2. Psychology (35%)
3. Money Management (50%)

Those percentages are rough weighting one trader put on the relative importance of the element. Something to think about.