Money Management Saves the Trading Day

Yesterday our team of experts was monitoring USD/CAD

The resistance was spotted at 0.9885 so we opened a Put position. Although we had a clear plan we were careful because we knew about the high volatility and the next resistance was spotted at 0.9892

As we predicted the price rose and we reached the resistance so at that point we decided to go along with a CALL position investing double the money we put on the first position. 

By the end of the trading day we ended up earning 85% on the second investment and losing only 40% on the first one.

First position was opened with 10.000$

Second position was opened with 20.000$

We earned 17.000$ on the second position and lost 4.000$ on the first one.

By the end of the day we ended up earning 13.000$

Our aim is to teach you how to trade through our examples.

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