But if you're trading the higher time frames and want to let
your profitable trades run, holding over the weekend is sometimes inevitable.
Not exact matches
It's a much less stressful and more
profitable way to
run your
trading operations over the long - term.
Resisting trends and losing some money in the short
run is more difficult to do, even if the
trade ultimately ends up being
profitable.
Even when the trader knows that his system is
profitable in the long
run, short series of losing
trades can make him deviate from the plan, leveling all the expectations of the strategy.
In addition to back - end software, new technologies for internet... dating agencies, international dating companies and other key elements important for
running a
profitable PID + dating agency business, the
trade show discusses niche marketing and business models for various regions of the world.
Nial great article as always... let me just add that the reason people lose money on 5 minute time frame is because things happen way too fast for us to decide correctly... however if you
run a computer program to place, monitor and close
trades on set criteria 5 minute TF can be very
profitable on daily bases.
What this means is that as the
trade moves in your favor you're going to be holding the smallest portion of your position at the MOST
profitable part of the
trade... doesn't seem like the best way to let your winners
run does it?
Many well -
run and
profitable public companies in the $ 50 - 250 million market capitalization range are now
trading at a significant discount to the rest of the stock market.
Particularly after having a
run of losing
trades, a trader may get into a
profitable position, and will close the
trade for a small gain, for fear of the
trade reversing and turning into another losing position.
A general
run down on basic foundations for a solid plan needed for
profitable trading.
According to Jack, the truth is that in order to be a
profitable trader in the long
run, you will have to put in effort in honing your
trading skills.
The point is, don't be suckered into believing that traders who win 90 % of all their
trades end up
profitable in the long
run.
Get in the habit right now of managing your risk effectively on every
trade if you want to seriously
run a
profitable Forex
trading business.
Follow your own
trading plan, and cement in the mindset that if you follow your plan, you will end up more
profitable in the long
run.
For instance many Forex systems only win around 30 % of their
trades but still manage to make significant profits by engaging in good risk management, essentially
running with the
profitable trades and cutting the losses short quickly.
Remember: Anything you predefine, before entering a
trade, is going to be more logical and objective, and thus
profitable over the long -
run, than any decision you make whilst in a live
trade, under the influence of your hard - earned money being at risk.
Resisting trends and losing some money in the short
run is more difficult to do, even if the
trade ultimately ends up being
profitable.
In the early nineties he engaged in unauthorised
trading which while initially
profitable, soon
ran into spectacular losses.