It’s no secret that trading is a risky enterprise, full of elements that even the most experienced traders can’t control. In this article, Joseph Stuber focused on what traders can control—namely, money management. Using real-life examples, Stuber shows that losing trades don’t have to ruin traders, provided that they diversify, adequately fund their accounts and set realistic stop-loss levels and profit objectives.
7. How much trading capital is enough? (April 2012)