As a trader this is one of the most important articles you will ever read…Trading is a game.On one side there’s you, on the other everyone else.It’s you against the market.Most traders, 90 per cent of them in fact, lose.The market wins almost every time.To win you need an edge, and finding that edge is not easy.But, once you find that edge, you need to STICK to it.And that’s easier said than done.Even with an edge you only have a 60 per cent chance of success.Remember this— every trade you place, with your EDGE, has a 60 per cent chance of winning.Four times out of 10 it will FAIL.And if you run your losers and cut your winners even a 60 per cent success rate will not be enough to keep you solvent.Keep your stops tight and try to run your winners — I’ll show you a great way to run winners in a forthcoming article.Don’t be optimistic when the market turns against you, hoping the market will turn.Conversely don’t be pessimistic when the market is going your way, fearing it will suddenly snatch back all your profit.
