Learn More About The DTFL Forex Bank Trading Strategy Here: http://www.daytradingforexlive.com/day-trading-forex-education-course/ This months review covers the November and December trades. These months represented some of the toughest trading we have seen since December of 2014 as we had a -8% draw down. This brings our total compounded gain down to +320%. Regardless of how long someone has been trading, and how successfully they may be you will always have draw downs from time to time. The most important part is how the trader handles those times as well as well as how well the trading strategy does. This is why I recommend learning to trade forex using a trading strategy with a high reward to risk ratio. Having a high reward to risk ratio does 2 important things. 1.) It allows you to recover from a draw down more quickly. 2.) Most importantly it makes dealing with a draw down much less psychologically stressful which decreases the odds of mental errors. Often times what ends up costing traders money is not the trading system or strategy they are using, rather it is the mental errors they tend to make after having a set back. If you are looking to trade forex for a living then this is a subject you must master and having the proper day trading strategy is essential to doing so. -Sterling http://www.DayTradingForexLive.com
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