Introducation To Swing Trading

3 M’s-The Pyramid of Success

Most successful traders agree.Successful Trading or Investing Requires :

  1. Method A working system
  2. Money Management Sound money management practices
  3. Mind Proper mental approach Without any one of these key elements, you’ll ultimately fail in these endeavors.
MM Maximum Drawdown

It is extremely important to limit the total risk to which your portfolio is exposed.This value is called portfolio maximum drawdown.