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VisualRMM Interactive Trading System. Risk & Money Management for traders. Free to use!

Bad luck and good luck do not exist! If we can fully understand this sentence we'll be the greatest traders ever. On the other hand as some one else stated, we are humans after all! We react on feelings and emotions. We can not at times really understand the way we react in certain...

Everybody! Even the best traders have their "bad periods". It can stretch in between a few days to a year. How to cope with the situation when we feel frustrated and lonely in the situation we're in? Nobody understand the terror we're are up against? Guys, there is a solution! We have to...

I have noticed across the board of "software" for traders, not many implement the important aspect of Risk & Money Management. There might be a stop loss, trailing stop loss, exit point on a single trade, but these are based on the trade itself, not on the current account value calculated...

The reason you guys are the 95%, is so very easy to predict! You don't care about protecting yourself. 1. You don't care if you lose 10% of your trading account in one day. 2. You don't care to lock in profit you made during the day. 3. You don't care if you over trade as long as you...

sivachevy, learn everything there is to know about money management. Some one mentioned..van tharp and other writers..read the books. Also Elite trader has a very good section about Trade management, many experienced traders will give you good information on this section. Read online as...

I guess we all have tested increasing during draw down. I don't think it's a good idea. A prolonged streak of losses might totally wipe the account out if we do. Proper risk and money management instead, increasing size should not be an option, why take the chance? Best practice, minimize the...

ituglobal, I would say the winning trader is not necessarily a trader that is on the positive side of the brokerage account balance. He can still come ahead as a winner even if his on the red. How? Risk & Money Management of course. Every trader has down periods, it is statistical proven...

Is there any free Money Management software? I've been looking all over but it seems like there is hardly any to be found. Sure if you pay an arm and a leg you might end up with something. If you happen to come across a free money management software for traders, let us in on it.

Oh, not at all. The software is free. Anyone who cares about their trading account, should have some kind of money management. If you know of any other money management software that is good and does the job, free to use of course, please inform me.

Neke, it all comes down to Risk & Money Management. I would say, the above statement is the last resort a traders arrives to when his account is battered and down, or totally wiped out. I would also say that all successful traders have a few blown out account in their baggage. Need not to...