So many trading systems completely miss the most important part of being profitable.
It’s a real shame too because all they seem to focus on is the setup, stop, entry and exit.
Now to the novice trader, this is what a trading system is all about.
They think that so long as you have these four bits of information, you should be able to consistently produce profitable trades.
But if that were true, then how could it be possible for random-entry systems and coin-flip trading systems be profitable?
The key is strategic money management.
WITH sound money management, even a purely random entry system, even a trading system that chooses entries based on the flip of a coin, can be quite profitable.
Without it, even a great selective trading system can lose money.
Now there is more to it than simply setting your maximum per-trade loss, while at the same time, it isn’t that difficult – when you know what to do.
Join me and David Jenyns for a live webinar tomorrow night where you’ll discover how to control YOUR profit and risk through strategic money management.
There is no cost to attend!
You’re only cheating yourself if you don’t!
Cheers
Brian
P.S. What does this notion about money management mean for YOU?
The underlying implication is that you could probably take your existing system, even if it hasn’t been profitable for you so far and make it profitable through sound money management!
Still skeptical? That’s understandable. But there is a quick and easy way to PROVE IT to yourself with ZERO risk.
You can use this to test ANY trading system or money-management strategy completely risk-free, plus track your trading throughout the year to ensure continuous improvement and consistency.
use the coupon code 56B25A258E to save $20.00!