Recent content by Bennett McDowell

I have found that traders usually fail for five primary reasons:- 1. Lack of trading skill 2. Lack of risk capital 3. Improper trading psychology 4. Lack of support 5. Lack of experience 1. Lack of Trading Skill Usually new traders are so eager to make a killing in the market that they are...

Implementing sound money management encompasses many techniques and skills intertwined by the trader's judgment. All three of these ingredients must be in place before the trader is said to be using a money management program along with their trading. Failure to implement a good money management...