You have precious little time to make income in life. If you divide life into fourths, you only have a quarter of your life – or 20 years – to really grow your lifetime earnings. Lifetime earnings are the collective income a person receives through a myriad of sources throughout the span of their life. The primary source of lifetime earnings is your job, but experts say that may not be enough. It’s becoming more and more important to use investing cash as a significant source for lifetime earnings.
Take a look at this equity curve from one of Apiary’s demo accounts:
Losses are part of trading. Nothing is bad about having lost trades; it doesn't say whether or not you're a good trader. What is important is how a trader manages their trades, and whether their win ratio is higher than their loss ratio. If you're wondering how to manage losing trades, our answer for you is to build a ‘good’ trading system that can provide consistent profit. Here are couple things that need to be considered when striving to make consistent profit.
“Trading System” and “Trading Strategy” are two words that are often used interchangeably, but have two entirely different meanings.
Sometimes it seems like the market is out to get you; every trade you make goes against you like some sniper waiting to shoot you down. Rest assured that you are not alone in feeling this way. In fact, it is a common feeling among both seasoned and novice traders. It is possible to take on the markets and come out on top.