If you are looking to make money trading Contracts for Difference (CFDs)… then this is going to be the most exciting message you ever read. You can learn money management techniques to not only help increase your opportunities to make money, but more importantly, greatly reduce the potentially catastrophic risks.
I am a trader and for many years I worked on a desk of one of the world’s largest CFD providers and I have had enough of people losing money unnecessarily or in many cases, traders running out of money just before they worked out the formula that worked for them.
So I compiled my notes, the teachings and answers to the many email and personal questions and eventually it became a book covering the keys you MUST KNOW about making money trading CFDs and more importantly surviving the many CFD risks that are inherent.
The CFD providers will never tell you – except hidden in the fine print – because it would put many potential clients off and they need a steady flow of new people to replace those that disappear each month.
Unfortunately most newer traders plunge straight in and lose their shirt on the first few trades and its unnecessary. Some people trade for 12 months, make a fortune and then lose it all in one bad month without ever understanding CFD risk management. That’s not making money or building a sustainable income – that’s just gambling and sometimes winning, but in the end, losing!
Imagine being able to take each trade confidently, knowing there was a CFD risk management system and the risk to reward calculation was determined before you took the trade. Wouldn’t that be great? It’s easy to do and there are free tools to help you do the calculations.
Share this post
- Tags: cfd trading, cfds trading guide, contracts for differences, Derivatives, learn cfds, learn how to trade cfds, what are cfds