Category Archives: Risk Management

The Importance of a Trading Business Plan

I often talk to my student traders about the importance of having a Business Plan as a Trading Business and not just viewing yourself as a Trader with a Trading Plan.  Whilst the Trader and the Trading Plan is an … Continue reading

Posted in Auction Market Theory, Market Profile Trading, Risk Management, Trading Psychology | Comments Off

L2ST’s Recommended Reading

I am often asked which books have been most influential in my own trading and help formulating the right kind of mindset for better trading.  So here it is.  Firstly I do not recommend reading too many trading books that … Continue reading

Posted in Auction Market Theory, Market Profile Trading, Pre-Market Analysis, Risk Management, Trading Psychology, Volume Profile Trading | Leave a comment

What is your Expectancy?

I have understood from working with many traders over the years that “Expectancy” is one of the few terms truly understood by many people who wish to learn how to trade successfully. Expectancy refers to what you can expect to … Continue reading

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What is your Risk of Ruin?

As traders one of the main concepts that we must master is Risk Management.  It is what keeps us in the game as traders and ultimately leads to better chances of profitable trading if we manage our Risk well. I … Continue reading

Posted in Money Management, Risk Management | 3 Comments