An Introduction to Asymmetrical leveraging (with proper compounding) One area that needs to be clearly understood to both reduce your risk, and maximize your profits, is asymmetrical leveraging. Having a clear understanding will allow you to take your account to the next level much faster. Truly this is one chapter, that if you only read
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Introduction It’s time to switch gears for a moment and begin to look at money management. In this chapter, we will cover the basic concepts behind money management. We will also cover the psychology behind money management. By the time you have finished this book, it should be clear how closely the two concepts are
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Introduction In this chapter, we will take a look at some common trading mistakes. In some ways all of these fall under psychology in one way or another. More important than the psychology behind these blunders though, is simply being aware of them, and then avoiding them. With that said let’s get started with four