Spread Betting Tips and Consistency
Day 5 and the last two GFT tips:
Tip 9) Remember, slow and steady wins the race
The key to trading is being consistent. All great traders have lost money, but as long as they maintain a positive edge, they may still come out a winner.
Tip 10) Never be afraid to explore a new path
Although consistency is important, don’t be afraid to re-evaluate your trading plan if it’s not working for you. If your goals or financial situation changes, so should your plan.
“As a trader, you really need to be prepared. The key is to not only expect the unexpected – sudden news announcements, changes in market sentiment or geopolitical developments – but also to employ a sound risk management system that provides you extra peace of mind” , Martin Slaney, Head of Derivatives, GFT.
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The above comments do not constitute investment advice and neither GFT nor Clean Financial accept any responsibility for any use that may be made of them.