Summary This chapter describes how knowledge of trader's equation allows smart trader to earn more profit over others. Beginning traders are constantly looking for the perfect trade, one with a clear setup, high probability of success, low risk, and a large reward. At the end of the day, ...
For instance, I have one client who often does quite well until he begins over trading himself into a serious drawdown-rinse and repeat! He finally became so frustrated that he moved his trading account over to an investment management firm. He now has to call in his trades. This has ...
Here is an example: A trader enters a trade on a demo account, it chops sideways for a week, going nowhere. The next week, it rotates down, almost stopping him out for a loss, he’s staring at a $2,500 drawdown. Now, here is the key difference; on a demo account that ...
Profit Target Daily Max Loss Max Drawdown Consistency Minimum Trades $100,000 $6,000 $500 $3,000 50+ 200 round trades Get started Includes Starter + Performance KPI's. Trading Analytics. Library of Video and Resources. Toro150 Advanced $466$249/mo Buying Power Profit Target...