We began our ‘Money Management’ series with this article.
The “Money Management” playlist on YouTube can be found here.
We continue, from our last post on this topic that you can find here.
You will often find the concept of “accuracy” rates highly touted with “trading systems”.
“Trading System X is 85% Accurate!”
And that trading system may truly end up being 85% accurate.
Yet the new retail traders who use that methodology, do not make money in the long run.
Why? How is this a fundamental problem regarding the topic of ‘Money Management’? How does this relate to concepts we discussed earlier in this playlist? We discuss this in the following entry in our Money Management series …
(After the following video, we continue the series of ‘Money Management’ in this next entry … )