Wednesday, February 26, 2014

Chapter IV: Maximize your profits and achieve exponential earnings

What does your equity look like?

1) A typical undisciplined trader. 

He lost.

2) A typical disciplined trader.

His account is growing. But it's growing slowly and suffers deep drawdowns.


3) A typical disciplined trader that fully understands money management.
 
His account is growing consistently.


4) A typical disciplined trader that fully understands money management and has read the True Money Management book.

His account is growing consistently and rapidly.

He takes millions from the markets and he is winning trading competitions. Some professors of economics call him “a lucky boy” because they can't believe it's not pure luck that made him successful. He is a real guru but not a genius. He is just acting smart.





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