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I had thought money management was the easy M of the three M's (Mindset, Method, Money Management). Relatively I think it probably is, but there are some nuances which make it a somewhat fuzzy area. I have considered varying position size (risk) depending on market conditions or/and recent...

I'm only just out of the gates into trading real money and still trading nominal amounts. I agree that reducing risk in the long run as an account grows is sensible and I'll certainly be thinking that way in the future.

Slumdog, thanks for pointing that out. Jack, thank you for your concise answer. Can you elaborate?

House sitter

You hear it over and over: never risk more than 1 percent of your account on any trade. Others say 2% or 5% and I've heard of some risking no more than 0.5%. But I've been aware lately of the risk I face of trading too small. If I went my trading career only ever risking 0.5% and...

The more people (including her fans) who enter the market the better, right? The interesting thing is she was brought up with the 'right' mindset, which probably accounts for her success.

I didn't think the article he linked to was particularly useful or inspiring. I'm intrigued that a guy worth $10 million still promotes his blog by posting links in forums.

Many people simply don't like change, whether it's the market or website design! Yes the logo looks like it's out of an early 90's video game and the styling could be more contemporary, but I really do not care, as I'm sure most others don't. You'll always have haters manufacturing reasons...

GLD comes to mind.