Recent content by Rukumina

Risk is how much money you willing to lose at any given time. Let's say you have a £1000 account and you want to risk £10 that means you risk 1% of your account. Money management, on the other hand, is how much you want to get in the return of your risk Let's say you risk £10 and you want in...

Scary money is losing money. Trade always with money you can effort to lose

80% of the time practise real trading 20% of the time educate yourself

There is no right or wrong answer how much time you should devote to trading. It depends on what kind of trader you are. You decide what kind of trader you are, for example, you are a short mid or long time trade. You will need a trading plan and that will determine how much time you will...

Always you will need Risk@Money Management. Fund your account always with money you can effort to lose.

The first thing you should evaluate yourself. Know who you are. Find your strengths and weakness. Establish what do you want to achieve with trading. Have a short mid and long goals. Trading is very much a personal thing. If you sort out yourself the trading is very easy. Discipline and...