Every successful trader and investor will tell you that in order to be successful you have to be obsessed with managing risk. Let me give you an example.
If you have a $150k account, and you lose 50%, you have $75k left. What does it take to get your account back to $150k? You will need to DOUBLE your account, that’s a 100% gain. That will take years to recover from for most traders and investors. Which is why after years of trial and error I found the proven system that allowed me to trade profitably on a consistent basis that almost automatically manages my risk.
When I started with $583.15 I knew I couldn’t afford to lose money. In fact, the minimum account balance was $500. That meant I had an $83.15 cushion before I would need to add more money to my account. I needed to make sure every single trade I took was A+ quality.
As I’ll show you in the webinar, I ended up using 2 strategies that were a repeatable and sustainable process for building up profitable trades. The first strategy was to use a specific profit loss ratio that allows me to be profitable even if I’m not accurate. The second strategy was to trade the strongest stocks, this meant by accuracy was higher.
I’ll go in-depth on everything we just talked about on this LIVE One-Time Stocktwits Exclusive Webinar On August 21st at 1 PM EST and 10 AM PST. Register below now.