4th of July

When I was a student in the US back in the late eighties, I used to look forward to the fireworks display everytime on the eve of the US Independance Day.

I had fond memories during my 5 1/2 years stay there, in Akron, Ohio. One of the great things about the American people is that they keep coming up with cool new technologies. America is such a conducive environment that really foster this spirit of innovativeness. They're not afraid to lose - they would get up and do it again.

In a way, trading is quite similar. In order to gain, you need to risk a bit of your capital. There's no such thing as a "surefire way to make money" in this business.

Because there's always risk involved in this business, it is therefore, imperative that one learns how to manage the risk properly, before you start thinking about the potential profits.

Managing risk is part of money management. Do this well, and the profits will take care of itself.