Dear Forum Members,
We believe the results of our good performance boils down to the disciplined trading approach adopted by our professional traders. In our trading signals/managed accounts, our clients money are subjected to the guiding principles as follow:
1. Good Money Management
We believe that 50% of success is attributed to the trading system while the other 50% is a result of money management and psychology.
The importance of money management is grossly underestimated by traders everywhere. It is almost like people are missing the whole point of trading. Too much time is devoted to finding the perfect trading system, but any trading system without money management and psychology is doomed to failure, even the best ones.
Every trader has to incorporate money management into their trading system(s) with the objective of controlling risks.
Always decide how much you can lose before placing an order – and stick to it!
Without this rule, as soon as the market has gone through your stop loss price, you will no longer act rationally. Instead you are most likely to make a decision based on Fear, Greed and Hope.
2. No OverTrading
No trader wins all the time. Traders know the feeling of losing a trade and wanting to get back into the market as soon as possible only to lose again and have it happen again and again. Overtrading is addictive and can destroy a trader if it gets out of hand. Too many open trades with accumulated risks is a good example of overtrading.
3. Cutting Losses Short and Letting Profits Run
A major mistake from traders is taking small profits and letting losses run on and on.
Have a Trading Plan. And one of the integral parts of your trading plan is to let your profits run.
This is one of the main reasons why traders lose in trading: As soon as there are any profits in their trades, the traders could not resist not taking them, although this may not seem like a bad thing to do. However, if you are risking 50 pips and taking profit at 30 pips, you would have to maintain a huge win % to stay ahead in the long run.
To put things in perspective, if you risk 50 pips to get 25 pips, you need to have a 66% winning rate just to breakeven!
Now if you risk 50 pips to get 150, you only need to have a winning rate of 25% to breakeven. Don’t you think that would be easier? Can you see how important this can be to your success?
If you’re a serious trader who wants to start actually making money we invite you to become part of In2ition Trading Group - visit us at
Forex Trading Signals | Forex Managed Accounts | - In2ition Trading Group
Wish you all success,
In2ition Trading Desk