Trading is a risky activity. Any information in this blog does not substitute trading recommendations which you will implement. You are responsible for your own money management and use this information presented here at your own risk.
To minimize the risk I suggest the following steps:
1.) Do not trade for real if you do not have a proven trading system.
2.) Trading for real means using real money on trading.
3.) A proven trading system will give a positive expectancy.
Positive expectancy means that in the long run , the trading system will provide positive returns. It is highly important that you have factor other costs in doing trading. A good example are:
a. Trading commissions
b. Taxes
c. Other additional costs involved (you can asked for broker)
4.) A positive expectancy system relies on strong money management ethics.
5.) It is important not to be too hurry when doing trading especially if you are new. The best way is to start slow, learn quick and test your trades in paper.
6.) When testing trades on paper, it is highly recommended that you will have at least 300 to 500 trading sessions. The higher the sample size in your paper trading, the better.
Of course, again you can use all the information provided on this blog at your own risks. By following the above suggestions, you will minimize the risk. It is impossible to have zero risk if you do stock and futures trading.
From my years of trading, I cannot guarantee that all the information on this blog is accurate but it has been tested with experience and results. I will not be liable for the following:
a. Loss of your money in your trading account.
b. Getting wrong information provided from you to your clients.
c. Loss of your trading clients.
d. Substantial loss of overall trading assets.
By reading this blog, you agree to:
1.) Indemnify me from any charges resulting from the information you learned on this blog.
2.) Read further information on other sources if you find my information unclear or inaccurate.
3.) Not spam my blog by submitting useless comments.
4.) Edit your comments if I find it inappropriate.
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