account will quickly shrink in size. So far so good". In 2016, Nial won the Million Dollar Trader Competition. Higher risk : reward, while the amount of money you risk per trade is a highly personal decision that depends on your individual financial situation, trading the daily charts can allow you to risk a bit more per trade than trading the lower time frames. You probably enter a trade and then sit at your computer watching the market tick away or reading economic news for the next two hours, unable to think about anything but what could happen to your trade. I have personally only met a few day-traders who make money consistently, and they almost all seem really frazzled and strung-out, like a junky who cannot stop thinking or talking about their drugs (the market). Lets face it, 95 of you reading this are probably not consistently successful traders, in fact, youve probably blown out a trading account or three by now. So, this is an answer to the question Nial, I cant make as much money trading the daily charts as I can on the lower time framesyes you can because when you trade like a sniper you inherently enter far fewer trades each month than.
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Tom Parks, sales Executive for 15 years Professional Trader - PTG. Yup, thats correct, 1 big winning trade a month. Roopak Taneja, former CFO - fmcg Company Professional Trader - PTG. But, the cold hard truth of the matter is that you will likely never be a successful trader until you first break this addiction. So let me set this straight for you guys right now: Through position sizing, you can trade the daily charts just bitcoin debitkarten vergleich fine on a small trading accountyou just have to trade a smaller position size. Many traders think this way, and its usually just because they dont know enough about.
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