| To read today's edition of Josh's Daily Direction on our website with updated charts and graphics, Click Here.
Good morning, Traders! It's Monday, and that means another week of making money on the futures market!
One of the best ways to prep for the trading week is by reviewing some of the key information that supports my strategy. And one of the issues I hear about from many of my students is the risk involved in trading.
Anything that involves money will have risk. That's just a part of life. But trading can make plenty of people nervous due to the possibility of loss.
However, if you use the right strategy, you can mitigate the potential for loss and make sure you win more trades than you lose!
Keep reading to learn how to properly gauge and manage risk while trading the futures market. It's information critical to your success as a trader!
A formula for growth is applied in futures trading. You're not going to win every single trade, so you're going to need a strategy. You have to acknowledge the fact that when walking into a trade, there's a chance that you're going to lose some of your money in the process. Trading is never viewed as simply one, two, three, or four trades. For you to have a better understanding of the formula, we'll call ten trades "one block". Keep in mind that you should always set a minimum of a 10-trade or one block when it comes to succeeding in trading. Placing ten or more trades will help you generate more profit.  The formula helps you to estimate the percentage that you're going to lose or win on a single trade with a one-block minimum. For example, say that you win six blocks and you lose four. If you know that you're going to be a 60% winner, you have to have a plan for this.
 Breaking News... My analysis has revealed a new opportunity in the market, but the clock is ticking! If the market breaks bullish there is a +3,000 tick potential break out. If the market U-turns bearish, there is a +4,500 tick potential bearish move. Every tick is worth $10, so we're talking about a potential gain of $30,000 to $45,000 with this opportunity. For obvious reasons, I can't reveal more on this page, but if you can spare $5 you may be very glad you did! If you sign up before the timer runs out, you'll get a full year of my flagship service for just $5.
Let's look at this from a different angle. Say that you see you're going to win double the amount that you lose, or you're trying to win $200 per trade.  What happens is this; if you start trading and immediately lose $200, you might think that the strategy is not working and give up. However, you're going to prevent yourself from the $1800 net gain that the formula is supposed to give you. You have to understand how many times and how much you're going to win and lose.
Now that you have the basic information to help you understand how to manage risk, it's time to take the next step toward becoming a winning trader! You need to stop making excuses and move forward. You're account won't grow unless you make the trades, and I'm here to help. Keep On Trading,  Motion creates emotion - and helps you manage it! There's a direct relationship between vigorous exercise, and stress management. How many times have you found yourself sitting… staring at your screen… instantly realizing that you've been sitting there for hours? Riding out that position? Fretting over an exit or even a loss? Get up! Move around! Go for a walk. Motion creates focus. Focus creates positive energy and clarity! Better yet, add an exercise element to your trading routine! Your health and your account will thank you! 
Stay tuned for my next edition of Josh's Daily Direction.
And if you know someone who'd love to make this a part of their morning routine, send them over to https://joshsdailydirection.com/ to get signed up!
There is a very high degree of risk involved in trading.
NOFT Traders | 20 North Orange Avenue, Unit 1100 Orlando, Florida 32801
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