This guy, Bo Yoder has come up with which I think a great idea for struggling newbie traders to raise capital for their trading. He found that most traders tend to fail in their trading career not because the lack of skills or whatsoever. The reason behind their failure is the lack of capital aka undercapitalized. In his survey, he found that most traders started with a capital amount between 2000 to 5000 bucks which is so so tough to trade profitably.
He named this trading strategy the 'Cash Bomb Sequence' which in turn I call it the 'Do or Die' strategy. The idea is to fund a small amount of money and leverage it to the maximum. Of course, this is not the right way to trade in long term but the objective here is to raise enough capital in a short time so that you trade comfortably in a later time. He assumes that losing the entire small amount of capital for this type of trading will not kill you in any way.
I guess he himself can explain the whole idea better. Read more about it here.
Forex Hyper Compouding? A Great Idea!
Posted by Kok Leong Labels: Forex, Hyper Compounding, Risk Management
Subscribe to:
Post Comments (Atom)


0 comments
Post a Comment