Risk-reward ratio and win-rate: how to use these indicators
Derive benefits from every executed trade. Find a balance between the indicator of profitable trades and relation between the risk and yield. If you are an intraday trader, do not aim only at a big number of profitable trades but also at their quality. It might seem that if you execute 70% of profitable trades, […]
Capital management
Beginner traders often neglect capital management. It is a big mistake. They are more often interested in ‘when to enter into the market’ and less often ‘when to exit from the market’. In other words, the trading system rules are in the first place. More experienced traders start to pay due attention to risk management […]
How to select stocks in the premarket. Finding the trends
“A trader is only as good as the stocks that he trades”. Mike Bellafiore Mike Bellafiore is one of the founders of a proprietary trading firm (what proprietary trading is) in New York. For more than 15 years he teaches traders how to select instruments for trading in order to increase their chances for success. […]
