The Golden 5% Trading Strategy
Intro
The 5% golden trading strategy is non an indicator technical strategy too the similar only this is a proficient strategy for using Money Management.
What is coin management?
Money management is how nosotros role our residuum when trading.
Do each of your transactions role to a greater extent than than 10% of the balance? If it agency you lot volition non final long inwards this trading business.
The primary instance is suppose I deposit 100 dollars inwards IQ Option if every fourth dimension my transaction uses funds higher upward 10 dollars too then I am greedy characteristics too convey no coin management. That's why hither nosotros larn to role the golden 5% Strategy
How produce you lot role the Golden 5% strategy?
The rules are simple, every fourth dimension nosotros trade, nosotros tin entirely endangerment a maximum of 5% of our balance. (the greater the sum of our balance, the smaller the endangerment tin be). If your residuum is higher upward 500 dollars too then you lot tin entirely endangerment a maximum of 4%. And if the residuum higher upward grand dollars the maximum that tin endure risked is 3%.
This dominion you lot must instill inwards yourself too absolutely must endure followed inwards companionship to acquire a successful trader.
How produce you lot role this strategy? For example, if you lot deposit 50 dollars inwards IQ Option, each transaction you lot tin entirely purchase options is a maximum of 2 dollars
By using proficient fiscal management, our chances of success at trading volition endure fifty-fifty greater. Besides this strategy is equally good useful to minimize losses every fourth dimension trading.
Try to recollect if you lot convey a residuum of 50 dollars too every transaction you lot role xx dollars agency that you lot entirely convey 2 times the chance to trade, what if from 2 occasions it turns out your prediction is wrong, too you lot lose thence you lot convey no to a greater extent than capital? Think carefully earlier opening a position.
If you lot are a professional person too convey a cracking strategy, it doesn't affair to ignore the rules above, only for beginners, the higher upward strategies must endure followed too practiced.
Combining the higher upward fiscal management strategies alongside the trading indicators that you lot use, you lot tin for sure brand consistent profits. If you lot tin brand a consistent profit, don't worry anymore inwards this life. Buy anything you lot can, anywhere you lot can.
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