Szeri and Nos Biggs Trading Introduce you to “Marker Trades”
A way to feel pain learn a bit without major risk and still help you measure for a BIG SHOT.
When we were children we needed to experience our mistakes. Our parents would try to advise us about dangers and problems ……. yet most of us rushed forward failing to heed their warning.
Our experience shows us that traders are often like children as they make their way down the road to professional status. Most are like us and we prefer to try and try and try some more without fully understanding the consequences.
Answer this …. How would you feel when you bought a DAX 30 CFD in size then price goes 300 points against you ? You might say …
“I would never have traded without stop loss so at most I would have lost 50 points on a normal sized trade.”
” I would feel foolish and ask … How could I have so poorly misread my charts.”
Using marker trades is the way we developed that allows our traders to enter ” marginal” trades (others call them hunches or low probability trades) that our corporate trading plan would not otherwise allow. These trades serve to improve our traders judgement over time and serve as a reminder as the reasons we should be careful about our trade selection. We have found them to be of value as we seek to set up a BIG SHOT later .
Watch this short video from our Video Library available to our students.
