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Wednesday, 24 February 2016

About previous post of Money managemnt

Thinking over the post , and based on my experience,
if you have a good MM - later you'll find that you're losing slowly, as you cut loss fast. Money management - to use an anlogy of soccer.. is a kind like defense players and goalkeeper.
So, this MM is a defensive part and it's only 50% of full equation
Another 50%, in soccer..is like midfield and striker players. Miedlfield is overall environmnet and striker is the actual trade trigger -- In trading, its call, an edge. The offensive side.
Both MM and edge are important. Defensive and offensive.
Myself  - has good MM but my edge is mediocre or weak at this moment.
And Funny, my brain cracking an offensive tool on my chart while i'am thinking about this.
Thank you to the writer.

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