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*Novice*
Joined: 10 Apr 1980
Posts: 0
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 Posted: Thu Apr 18, 2002 6:19 pm Post subject: |
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Hi,
I recently began trading, Ive made money but not as much as i wanted to.
Can anyone please help me? Suggestions, advice... etc..
Thank You,
Novice |
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*julie*
Joined: 10 Apr 1980
Posts: 0
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| Posted: Fri Apr 19, 2002 1:54 pm Post subject: |
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Are you trading for real?
If so and you are actually making then i think you dont need advice at this point....
One thing I was was told (even though i have not started real trading yet) was to settle for a loss when you make a wrong decision rather then sitting on it hoping it will turn for the positive.
I am sure there are a lot of traders on here who could give you even better advice than this though.
if you are making money then your balance will be increasing so you will be able to take out larger lots then previously so will therefore be making more with the same risk as now.
My sister told me never to invest more then 50% of my total balance - has anyone got any views on that?
Good luck Novice and may the force be with you - lol |
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*dealer*
Joined: 10 Apr 1980
Posts: -1
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*109*
Joined: 10 Apr 1980
Posts: 0
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| Posted: Mon Apr 22, 2002 5:47 pm Post subject: |
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| julie. Your sisters right. But I wouldnt risk even 30% of a total balance. 10% - thats wise enough, IMHO. |
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