Tuesday, February 26, 2008

why futures traders always loose?

http://www.nybotlive.com/nybot35nb.swf

why people loose?
because they dont control loss-risk,
they wait till small becomes big,

instead of trying to aim at 1% risk, they aim at 10% or 20%.

position size
stoploss
risk low-entry
plan

Sunday, February 24, 2008

greg secker e book ultimate trading secrets

http://k2afileburst.fileburst.com/ultimate_trading_secrets.pdf

the link below is a great e book.
The whole thing just
Limit risk to 1% in stocks or futures
estimate max risk for futures position,
Lot size*risk(entry minus stoploss)=not to exceed MAX 2000 or 3000 rupees.
to take only such "low risk entries which give at least 3:1 reward to risk ratio."

ttp://k2afileburst.fileburst.com/ultimate_trading_secrets.pdf