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Building Your Trading Strategy | Trading Strategies - Trading Lounge

Finding your risk tolerance and discovering your building blocks for successful trading takes time and money. I can assure you by reading as much as you can first on all of the aspects of trading and then practicing with a demo account with a learning loop linking the learning and demo trading will place you further in front, than if you just started trading.
I’m really amazed how many traders just start trading without understanding or applying any money management strategies and brokers know this, so every time a new client opens an small underfunded trading account for one, two, three, five thousand dollars the broker knows that the trader won’t be seeing that again, and so why should the broker hedge those accounts or rather your account?