Post
Topic
Board Trading Discussion
Re: How To Make Money Trading, Even When You Are Wrong
by
hd49728
on 03/04/2024, 02:43:50 UTC
I saw a video on Youtube where the trader is able to make money trading, even when he is wrong...
When you say a trader made things wrong in trading, it means loss. A trader can not make mistake and get money from trading.

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He is able to be in drawdown from 8 trades in a row, because he is not risking a large lot size per trade.
It is a good capital management and let me elaborate it more.

You can start with $100 and if you succeed to increase it to $200 or $500, my advice is to withdraw $100 or $400 profit, and continue to use only $100 initial trading capital to trade more.

You will not lose if your initial capital if you manage your capital this way.

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He knows the market will retrace back or close to the original first trade,
Nothing is completely sure in the market.