As it was informed by "Market Leader (US)"
Exclusive trading system TS4ET.
Strange as it may seem, but the famous Pareto rule (also known as the “80/20 rule” or the principle of the “vital few and the trivial many” is applicable anywhere. 20% of the world population uses 80% of all the available recourses (if it was vice versa then 80% of efforts would only be 20% efficient).
Trading is based on statistics, which is a terrible thing. It is impossible to deceive it. Figures reveal everything. Out of 100% of traders only about 5% (professionals) earn. They make 20% efforts to achieve 80% results – profit. If you are one of them, just take a break.
The remaining 95% of the traders do not take the rule into account. They are busy deceiving themselves and losing their deposits, time and effort but getting their own “golden” experience.
Out of all those hordes of “traders” who once came to the market planning to conquer it, only those reached success, who:
· Lost their deposits within the first 1-1.5 years
· Stopped trading to reconsider everything and then came back
· Spent money to study 4 or 5 different trading system but didn’t understand anything and decided to create their own TS
· Started using timeframes H1 and higher during the trading process
· Forgot about the super-profitability of 100% a month and higher
· Do not allow the total risk for all the trades to exceed 2.5-5% of the capital.
· First place a stop loss order then open a trade.