The best Sylvester Stallone movie that youโve never seen is called โShade.โ ๐ฅ It's about cheating at poker. The tagline is, โWhen betting is your life, leave nothing to chance.โ
Trailing stops are a handy tool for traders to lock in profits while allowing their trades to continue moving in a favorable direction.
Margin trading allows traders to enter positions larger than their account balance by borrowing funds from their broker.
This approach is used by many funded prop traders and is universally applicable across all trading instruments, from stocks and forex to futures and cryptocurrencies.
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Ask most traders what are the possible outcomes of a trade, and they will inevitably give you a binary answer: you either win or lose. But if we think about it for a second, there is actually a third choice.