Money Management Coaching: 4. Conclusion – Consider Positive & Negative Framing

July 10, 2012 by Kelvin Ching Leave a Comment

In Conclusion Consider Positive & Negative Framing:

The pain of losing $100 in a trade & gaining $100 in a trade…

The 80/20 Experiment with $3000/$4000…

The evidence in your own account of small wins and huge losses…

The key is to have a daily goal, have a good R/R ratio, and build your account slowly but steadily.

About Kelvin Ching

I'm a professional Forex trader and I have been trading for over 7 years. I was a series 3 broker and a registered CTA with the NFA, the main regulatory agency in the United States, and I have been involved at the highest levels in commodity trading. I also have a background in Information Technology, graphics design, and programming... I'm the co-founder of CurrencyNewsTrading.com, a site dedicated to fundamental analysis and news trading.