I haven’t made a single real trade myself for years and I exactly know my numbers. What could help you to sleep better?

If your equity suddenly is going downhill, that is the right time to decrease the risk.

Some people ask me why I don’t do individual programming. The reason is simple: I can’t do everything. People buy from people they trust. Here in Germany it is required for companies to have a page with the title Impressum where customers can get the name, the address and the tax information. No disguise here.

You might believe that you should buy when the Bollinger bands indicator produces a signal to buy. If the indicator really gives you an advantage over other indicators, that should be valid for other time spans on the chart, other years, other currency pairs. Take your time and pick your broker wisely. That time is good invested.

Maybe a slightly different value for the trading settings or another position size might make a very big difference.

You need to use a solution, something that will not sink even if you find yourself in a hurricane with high waves and a wind so strong it might shred your sales.

Currency pairs never declare insolvency. They are easy to understand and provide all the movement and liquidity I need.

Your car is a big system that contains subsystems for transmission, brakes and the steering system. In the last years going all in would have been a sure way to lose all your trading money. So a low risk setting is probably a good way to survive the next financial crisis. You can’t avoid crises, so you need a system that you can trust. It takes something that is able to make profits under all market conditions. When you trade a cent account, it is still real money and it is much more scalable.

It is a much better idea to trade on a demo account for at least three months.