Why join FTSE100Trading.com
I was the first in the world to offer what I do solely on the Ftse100 and I am still here and still very profitable, which in itself.....speaks for itself. As far as I know, I am still the only person who provides everything......such as......I show how I arrive at the entries and exits by using the free tools provided. How to use these tools and how to use correct money mangement on each trade. Money management is absolutely crucial. Every position size is ruled by each stop placement ( risk factor ) which varies depending on the type of entry taken and is as important as spotting the entry itself. Next is if you don't have an exit plan as a day trader then you really don't know what you are doing and are still living in "Hopeland". You'll find people writing trading programs and see new internet start-ups showing results of trades whilst using no money management for each trade, no exit targets, no stops, Etc.. Someone with 6 months experience can do that, that's ridiculous. You need to know precisely how much you can lose and how much you make. Making 100's of pips is NOT what it is about, it is the percentage gain on your trading pot that counts. Large stops means using small position sizes which in turn generally means smaller profits too.
Which is easier to get regularly and consistently? 10 points or 100? Perhaps it may be easier to see it this way: If you take a loss which is easier to get back? 10 points or 100 points. Either do it properly or don't it do it at all.
Trading is not a game that you can reset back to the beginning if you lose. It is for real with real money and Number "1" is protecting your trading capital, Number two is learning how to trade properly, then finally if you KEEP THE SELF-DISCIPLINE AND ALWAYS STICK TO THE RULES you will be able to make money from trading. If you stray and break the rules you WILL lose. Even worse is getting away with breaking the rules because you know that sooner or later you will simply come down with a bigger bump.
PS.
If you are wondering why other people do not do what I do? That has an easy answer.....It is because they can't but I am sure they will try to sell a secret formula LOL.
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