When most people go to work in the morning, they pack their briefcase or backpack with the physical items they need to make their day successful. A laptop, notes from a meeting, the day’s agenda, bags are filled with the tools needed to succeed.
In the world of trading, the trading toolbox is all in your head. When seamlessly combined and cultivated, successful traders will have a total, holistic mindset in order to create the perfect settings for trading. While many traders early on think that trading is all about analysis, later on, they learn that they need money management and intensive work on the mental side of trading.
In today’s article, we’ll do a shortcut for you newish traders looking to build a complete toolset. We’re here to tell you what all the ingredients you need are in order to have a full set trading environment.
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Five Percent Online Ltd. (“We”, “Our”, “Us”, or “Company”) operates as a proprietary trading firm. The Company is not a custodian, exchange, financial institution, trading platform, fiduciary or insurance business outside the purview of financial regulatory authorities. “The5%ers” is a brand name operated by the Company.
All trading activities conducted through the Company Hub are executed in a simulated environment. Users should be aware that the trading results in this environment do not reflect real trading outcomes. The simulated trading environment in the Hub is designed for educational and evaluation purposes only. The “funds” provided to you for the evaluation are fictitious, do not represent any currency, and that you have no right to possess those fictitious funds beyond the scope of their use within the Hub and for the sole purpose of the evaluation, and in particular that they may not and cannot be used for any actual trading and that you are not entitled to any payment or other right in or of those funds.
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Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, because the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.
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