|
You can hardly blame the novice trader for not realising that trading currencies is all about
management and to be successful you must deal with management. A popular opinion is that
success is accommodated by simply finding a better method to find buy and sell signals closer to
price highs and lows. In chasing this 'Holy Grail', as it is known in the trading profession, would
be successful traders can sometimes research analysis methods for years without ever truly
understanding what is necessary to accumulate real success from this
potentially huge market. Success involves far more than just finding a better analysis technique.
|
This is why brokers’ statistics show that only a very small percentage of traders go on to become
very successful traders over time. This percentage is probably in the order of only about five
percent and any broker will explain that what sets this successful five percent apart from the rest
is the use of management for trading account risk and growth control. Build Your Trading also uses its unique hedging ability to lift the percentage of profitable trades.
All of this leads to Build Your Trading users falling outside the above statistic.
|