Money management is one thing that sets the professional trader apart from the amateur. Whether you are day trading, swing trading or tick trading, you need money management. Simply put, it helps you keep the money you make and guards against blowing your trading account.
Here’s a trading plan that is sound in principle that can double your trading capital very quickly, with due regard to the preservation of trading capital, something you have a good chance of pulling off successfully if you know what you are doing!
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