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How to manage your money and trade smarter
The key to trading success is not anticipating market decisions, it's managing your money. So says renowned trading expert, Gerald Ashley, who is convinced that understanding how to run your positions is they key thing that every trader must get right.
In the third of a series of reports on how to trade smarter, Gerald gives practical examples of how to manage your money. Interestingly, he says having a 'good run' can be quite dangerous. And, if you've had a string of losses, he gives advice on what to do next so you don't fall into a rut.
03:58 minutes
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