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    ​Throw away Worries on Trading for a Living

    Abstract:The secret of successful trading - accepting a principal-protected strategy and embracing changes.

      WikiFX Strategies (1 Mar.) - I am no longer afraid of trading for a living, or in other words, taking trader as my vocation, because I have masted the secret of successful trading - accepting a principal-protected strategy and embracing changes. It is an open secret in the market, the efficient execution of which, however, separates successful traders from others.

      In a market where trends decide the account performance, all I can do is keep myself “alive”. I used a simple but effective strategy in last October's No.1 Soybean Dominant Contracts of Dalian Commodity Exchange, which repaid me a 40% profit after around one month.

      I might have turned impoverished if I had clung to the same strategy in the changing market. In my opinion, chances are I can survive in the market and make profitable trades as lone as my principal is preserved.

      Sufficient margin is an open sesame to trading, without which neither efficient strategies nor favorable trends could play their roles. To preserve your principal in the same way that you protect your life, and your funds must be well managed at all times.

      Moreover, don't be afraid of changing trends. Changes last forever, and there is no tactic promising earnings once for all. But as long as my principle and trading experience are preserved, I could get prepared for potential changes. To tackle what's there isn't a complicated thing.

      The above survival skills accept no exception.

      Download WikiFX (bit.ly/wikifxIN) to get lessons from experts who have traded forex for over 20 years.

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