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Follow on Google News | Futures and Forex Trading Spreadsheet - Position Sizing and Risk ManagementIf you are trader and you do not have a trading spreadsheet, you simply are not making any money. In order to become a professional trader or more importantly; a profitable trader, you need a trading spreadsheet from TradingSpreadsheet.com
By: Trading Spreadsheet http://www.tradingspreadsheet.com/? As with any profession it is generally important to plan. A trading plan will help you stick to your trading system and not let emotions get in the way. You will improve your trading discipline and consistency. When you make a trading plan you can setup a stop loss and profit target. When you know your entry price, profit target and stop loss you know your reward to risk ratio. A reward to risk ratio of at least 2:1 will help alot if your win rate is only 50%. You will win twice as much when you have winner than when you have a losing trade. Money management is risk management. Managing risk will result in profitable trading. Thats why position sizing is so important. You only risk what you can afford and you need a position size calculator to do that. If you want to risk only 2% of trading account you can calculate the exact lot size to open a position. You will have more control with TradingSpreadsheet.com. With TradingSpreadsheet.com you record any information that you can get your hands on that might be an important indicator and record it with ease. Any factor that can yield a high win rate and high reward to risk ratio will be beneficial. As long as you have a high win rate and high reward to risk ratio you WILL be profitable. TradingSpreadsheet.com provides trading spreadsheets to suit all traders. Whether forex trading, futures trading or commodities trading such as crude oil, gold or silver you will be able record your trades and monitor your performance easily with a trading spreadsheet from TradingSpreadsheet.com. You are not too late you can get $20 off of a trading spreadsheet from http://www.tradingspreadsheet.com/? Simply use the following coupon code: 20OFF. TradingSpreadsheet.com will also offer a coupon code to access to a very profitable trading system. You will have access to the 2 most important tools of trading: a easy to use trading spreadsheet and highly profitable set and forget mechanical trading system that can trade almost any market whether forex, eminis or commodities such as gold, silver and crude oil. Visit http://www.tradingspreadsheet.com/? TradingSpreadsheet.com also offers an exclusive referral program to make extra money from. Simply fill in the affiliate form to become an affiliate and you will receive a affiliate link. You can place your affilliate link as your email signature, in forums or social networking sites such as facebook, myspace or twitter. Be creative and watch the money pour in. # # # TradingSpreadsheet.com provides trading spreadsheets for forex, eminis, cfds and commodities such as crude oil, gold and silver. It is the most essential tool of a trader. Features include Risk management, Profit and Loss and Reward to Risk Ratio. Suits most brokers. Suits most trading systems. Suits popular trading system from KnowWhenToTrade.com. End
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