Managing your money when trading stocks or futures

Managing your money when trading stocks or futures is the key to preserving your capitol. You need to get a good education on futures trading before you risk your money on futures trades. You need to develop your chart reading skills and learn when to place a trade. Seek out traders that have been successful and learn and develop a trading style from them. Most traders lose all their money because they did not learn a good trading style and just started to trade futures without any trading education.