Good Trades and Bad Trades

I’ve a quick question for you: What is the difference between a good trade and a bad trade? Seems pretty simple – a good trade is one where you win a profit, a bad trade is one where you lose. Right? Wrong. It’s not quite that simple. Look at it this way. You have a number of decisions to make and you can only really control a small number of the variables that will determine the outcome of any trade. You have total control over which market to trade, in what direction, over what time period and over the amount … Continue reading