Opening Position  |  FEB 2011

Opening Position by Jayanthi Gopalakrishnan

In this playing field of uncertainty, whether you trade equities, options, currencies, bonds, or futures, you need a method to assist you in making objective decisions so you can justify risking money on a trade. You are not going to put money into a trade unless you think it’s worth taking the risk. You need to always know what your risk/reward ratio is before making a trade. This is why it’s always a good idea to have a handful of trading strategies and systems you have faith in. The key is to keep this handful of trusty tactics up to date. Not only that, make sure it keeps up with the markets as they evolve, new ideas emerge, and new products enter the marketplace .

by Jayanthi Gopalakrishnan