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Summary

In summary, before you trade live funds you need to get your mind around the fact that losses will occur and to help you have the confidence not to let this worry you I suggest selecting a particular set up and then just watching what happens for a few weeks, this will help give you the confidence that you need.

When you get strings of losses keep your risk really small but more importantly keep trading the very best set ups that your edge provides you with.

This way the losses will have little or no impact, and your equity curve will continue rising overall.

Take away: Manage your risk on every single trade.

Now let’s go into another critical aspect of trading, your mindset.

Next: Importance of Psychology

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