Open trading account 
A lot of the traders are influenced by phenomenon named 'the ability to predict the market movement'. The beginners often think, that this is the difference between the profitable traders and the losing traders. Advanced traders can earn a feeling that they understand the markets and they are able to predict the markets, what is of course wrong.
The markets are not predictable with the probability 100% of market direction. By my experience, when the probability is around 60-70% and the RR 1:1,5, it is very good.
It is very difficult to reach this ratio in the long term point of view. The only thing, which we can manage or predict, is our exposure against the market, Money Management. Usually, I have a view, where the market can be moving, but on the other hand I am immediately ready o change the view, if the market decides to go the opposite way.
Idea: The Money management and the flexibility is the edge, which can help the traders to survive and profit on the markets.
The markets are not predictable with the probability 100% of market direction. By my experience, when the probability is around 60-70% and the RR 1:1,5, it is very good.
It is very difficult to reach this ratio in the long term point of view. The only thing, which we can manage or predict, is our exposure against the market, Money Management. Usually, I have a view, where the market can be moving, but on the other hand I am immediately ready o change the view, if the market decides to go the opposite way.
Idea: The Money management and the flexibility is the edge, which can help the traders to survive and profit on the markets.
