The 10 Commandments Of Trading In A Small Account
Risk control and money management are the essences of trading a small account. When individuals are involved in stock trading, they need to save their funds before looking for returns. It is more important in the case of small accounts. Traders with small accounts do not have a buffer against mistakes, uncalculated or unexpected losing streaks, and many times even bad traders. You can look for a trader offering a free online trading account . Even if you have enough funds, it is a smart strategy to trade small and stay long in the stock market with capital preservation. There are basic rules ensuring logical criteria and quantitative trading strategies to secure the invested capital. Traders need to balance their actions and patience to become profitable. They need to be clingy to their trading plan to keep a level head by avoiding emotions. If you are thinking of using leverage and margin facility, you should understand them before using them. Novice traders should avoid using lev...