Most forex traders would have come across this phrase somewhere along their trading journey: “The trend is your friend, until it ends.” Many make the mistake of trading in all market conditions or they feel lost when their strategy doesn’t work during certain periods. This is especially so when the market is erratic or too choppy, which results in your trading accuracy and effectiveness to fall.
Multi-Account Manager (MAM) in Fullerton Markets is a platform that allows Money Managers to trade on multiple trading accounts at the same time. Investors can link their Investor Account with Fullerton Markets to their preferred Money Manager.
In the second part of our blog series sharing wisdom from Jesse Livermore, we round up five more quotes from the legendary trader that continue to guide many in their trading journey today. You can read the first part here.
Jesse Livermore, one of the greatest traders in the last century, has left with us with trading quotes that continue to stand the test of time.
While losing one or two trades is normal, losing five or six in a row can completely destabilise your trading. In fact, the most successful traders have more losing trades than winning trades in any given year. The key is to maximise profits on the winning trades and minimise losses on the losing ones.