From what I have learned, it is better to trade more, but smaller positions. But I am risk averse and I trade longterm systems. Every trader has his preferences and things he doesn’t like. Often these things are a result of past experiences. I often wish that trading capital would be a separate kind of money. But unfortunately money is actually the resource that is used to pay for almost everything. Do you think a cent account is helpful to improve your results? Yes.

 

That will make it easy to avoid manipulations. Because now you are not a victim of your own fear. If you still want to pay for a solution that promises to make you rich, there are a few questions you could ask yourself. For example, is the vendor using the product? We all hope that we will not see another crisis in the near future. But it is always a good idea to backtest outstanding situations and learn from those results. Other people like to trade huge position sizes. They like to say that they have doubled their account in two weeks or so. Too risky for me. Think of a sailboat. What do you need to get to your destination? Harbor? Wind. For traders, the changing price is like that wind.

 

If you know that something works, but you only talk about that and want to do that, nothing will change. It is possible to find the things that do work if you do the necessary testing. In most cases you will find that common sense does not help. We humans have a problem with absolute and relative results. For trading, a price movement is like wind for sailboat. What does happen when a sailboat has no wind? The boat will not move. Correct. And what will happen in a hurricane? The boat might sink.