Trading Performance – Is a 10% Return Per Day Too Much to Ask From Trading?
While you can make massive amounts of money trading, making 10% per day on large accounts is not realistic. You will soon encounter issues with getting a good fill and your brokerage firms limits. Buts on smaller accounts it is completely possible.How to Trade Futures With a Small Capital Account
Futures traders are wisely advised to trade with money they can afford to lose. That is because most beginning futures traders DO lose money. So, even if your dream is to use your life savings as capital to support your new occupation as a trader, you should curb your impatience and start with a small account while you learn the ropes. However, trading a small account presents unique problems which may force you to change your natural trading style.Trading in the Evening
Trading in the evening can be the hardest part of trading. Starting to trade after a hard day at work can be tiring & mistakes can happen.First Steps in Day Trading
Most people new to day trading are normally introduced to the markets via a “holy grail” system with some dazzling headline like “earn loads of money whilst eating your breakfast” or something similar. Also it would be wise to take any claims about money earned from any advertised trading system with a pinch of salt.Why We Need Trading Strategies
All traders have “strategies”. Think about this for a second, if these publicised strategies actually worked, why have the pro’s not given up the day job & just worked from home earning millions of pounds? I think the answer is obvious.