the risks of trading CFDs and we’ve also developed some tools to help you manage them

the risks of trading CFDs and we’ve also developed some tools to help you manage them. Learning to survive markets requires you to develop discipline, patience and skill. There’s simply no substitute for study and practice – expect to spend countless hours paper-trading (i.e. demo trading) the market until you’re ready to trade it for real. While you practice, maintain a trading journal in which you record every relevant aspect of each trade, including your mood. In practice there are two things that govern and control your losses. One is the price, less than your entry price that you decide will tell you your trading idea didn’t work. The other is the amount that you put into the trade. By looking at the two of these together, you can see how much money you could lose. To trade safely, you should set a limit that you are prepared to lose on a trade, and many traders set this at 2%. You can then work backwards to see what the most is that you should put in a particular trade. A CFD contract is equal in value to

related articles: