One of the most important aspect of trading is Risk Control.
No matter which system you use, you must be able to control your risk.
Sometimes, it becomes very tempting to bet the farm on a trade that looks like it is going to win big time.
At this time, you have to control your instincts. The ideal amount to risk in any trade is maximum two percent of your capital.
Here are some interesting articles about monkey behaviour which leads us to wonder about human behaviour and how we can use the "herd behaviour" and profit in trending stocks.
Gambling Monkeys Compelled by Winner's High
Ancient Behaviors Hard-Wired in Human Brain
Monkeys Pay to See Female Monkey Bottoms
