Stocks & Commodities V. 28:1 (14-19): Whatís Your Trading Price? by Alexander Sabodin

Stocks & Commodities V. 28:1 (14-19): Whatís Your Trading Price? by Alexander Sabodin
Item# \V28\C01\004SABO.PDF
$2.95
Availability: In Stock

Product Description

Whatís Your Trading Price? by Alexander Sabodin

The most important element of a trading system is managing risk. Hereís how you can understand the risks of the forex market and other financial markets.

Novice traders tend to think of trading as a unique opportunity to make a large amount of money. They slip on their rose-colored glasses and envision profits that will enable them to quit their current jobs, let them travel all over the world, and work only when they feel like it. Immersed in these rainbow thoughts, they open trading accounts, begin trading, and suddenly find themselves faced with the cruel reality. Money drains out of their accounts, followed by enormous losses that force them to close their positions. They quickly realize that the market isnít about making money. Instead, itís all about losing it.

UNDERSTAND YOUR RISKS

Why do so many traders leave the business after suffering massive losses? There are many reasons, and one of the major ones is that there is too much focus on potential profits. A beginning trader tries not to think about the risks, which is wrong. Understanding and taming risks may be the major component of trading forex and other financial markets.




FOR THOSE ORDERING ARTICLES SEPARATELY:
*Note: $2.95-$5.95 Articles are in PDF format only. No hard copy of the article(s) will be delivered. During checkout, click the "Download Now" button to immediately receive your article(s) purchase. STOCKS & COMMODITIES magazine is delivered via mail. After paying for your subscription at store.traders.com users can view the S&C Digital Edition in the subscriber's section on Traders.com.




Take Control of Your Trading.
Professional Traders' Starter Kit
All these items shown below only $299.99!
  • 5-year subscription to Technical Analysis of STOCKS & COMMODITIES, The Traders' magazine. (Shipping outside the US is extra. Washington state addresses require sales tax based on your locale.)
  • 5 year access to S&C Archive
  • 5 year access to S&C Digital Edition
  • 5-year subscription to Traders.com Advantage.
  • 5-year subscription to Working Money.
  • Free book selection.
  • Click Here to Order