Recent content by fxcoaching

re: Support & Resistance Explained Keep in mind that the best professional traders, those that are the cream-of-the-crop, the very best-of-the-best, the most elite traders in the world are accomplishing 3-8% per month, so why are you aiming for 3-8% per day? Are you a better trader then these...

Let's take trading seriously. The first order of business is capital preservation. You must protect your trading account. Your trading account is the life-blood of your career. It is what keeps you in business. Respect your account like no other.

Keep in mind that the best professional traders, those that are the cream-of-the-crop, the very best-of-the-best, the most elite traders in the world are accomplishing 3-8%

Structure your leverage and trade size so that if you had losses of 70, 92, 42, 39 pips, your account draw-down would not exceed 3-4%... maximum! Yes, you got it right. I am saying that a loss of 243 pips should only make a slight dent in your trading account that should never exceed 4% of...