My biggest obstacle in trading has been the lack of funds. And I do not think that I am alone in this!
Most traders I believe, do not have enough funds, to trade properly. And I don't think it matters if you are a Forex trader, futures trader or heck even a stock trader.
But I do know for me, this has been my biggest problem.
What I would typically do is tighten my stops real tight so that I wouldn't lose a lot of money. And that may have been true....I did not lose a lot of money on THAT trade. BUT......I lost more times so of course that ultimately meant I lost more money.
Well I just wrote about the Lack of Funds for Traders on my other blog and I personally think this is a universal problem for new traders especially.
And I have had to deal with this for years.......never coming up with the proper solution.
Well what if we could fix the problem? What if the answer.....was already a part of what we already do on a daily basis?
You see that's what I was looking for. Not another income or funds from having 2 jobs.....just another income.
Well anyway you can read about what I wrote on the other blog about Funds for Traders and who knows....maybe you will agree.
In any case...have a very Merry Christmas....and a Happy and PROSPEROUS New Year!!!!