How to Manage Your Money the Pro9Trader Way

When it comes to managing your money, most programs focus on how to make the most of what you have. However, the Pro9Trader approach by Todd Rampe takes it a step further as you learn how to create new income streams and seize opportunities while minimizing the risk to what you have already earned.

Managing your money comes down to making the most informed decisions about how to generate income at maximum potential with the lowest risk possible. While risk is always part of money management, you can limit its effect by using the right information to make your decisions. That is where Pro9Trader comes into play.

What is Pro9Trader?

Pro9Trader has already been celebrated for its unique take on futures trading.It’s a simple, straightforward approach that has helped thousands of people make more informed trades and experience greater success.

In creating a simpler, more effective conveyance of information, Pro9Trader has helped traders enter the world of day trading where substantial profits can be made in just minutes. While day trading is risky, the potential benefits are such that thousands of people are now engaging in this form of trading to earn extra profit.

How Pro9Trader Maximizes Day Trading Potential

It’s no secret that day trading relies on the volatility of the markets at the micro level. Basically, there are natural fluctuations that at first seemingly have no pattern or predictability which is where day trading operates. However, thanks to the Pro9Trader system by Todd Rampe you can cut through the information overload and minimize the risk to each trade decision that you make.

Proper management of your money is not just about what you can make, but how much you can keep by trading smart with the right information. The managed approach to investments and trading is what makes this particular system so powerful.

  • Creating an effective plan
  • Minimizing the risk of trading
  • Setting the proper limits
  • Reducing the fear associated with the unknown

When it comesto proper money management, Pro9Trader will guide you through the risks and the possibilities that you face on a daily basis. The approach is straightforward, the risks are spelled out and the potential is there for you to make the most with what you have.

Leveraging your money is the essence of the Pro9Trader system as it provides you with ability to maximize your earning potential. Todd Rampe spent years developing a system which invovles Fixed Fractional Money Management. This is a formula where risk is given its proper perspective so that traders can make the right decisions about when to stay in and when to cash out.

Overall, Pro9Trader offers a unique and dynamic viewpoint on the risks that are involved with day trading so that traders can protect their holdings while expanding their income streams. By stripping away the clutter of unnecessary information, Pro9Trader also adds clarity to those who want to really understand what’s happening with their money.

How to Manage Your Money the Pro9Trader Way

Play To Win: The Money Management Approach To Wealth Building

 We know those people who jump on the get-rich-quick schemes, the MLM marketing and all that, trying to build wealth. Or they take a really risky road: day-trading without a set strategy for building wealth. Oh, sure, they have certain sectors they want to invest in, or they might just pick a few stocks or futures and trade them around, just to see what happens.

Project-Finance

That is like playing with dynamite. If you don’t know what you’re doing, it could blow up in your face really quick, and the money you’ve invested is gone, just like that. Wouldn’t you rather know what you’re doing? And knowing what you’re doing, with a solid strategy, is playing to win. This is your financial future we’re talking about, not just a walk in the park with your furry friends. How about enjoying that walk in the park with your furry friends, knowing that you made—and are continuing to make–truly smart decisions about how to handle your money?

Todd Rampe and his Pro9Trader course are here to help you do just that. He has 17 years’ worth of experience in the day-trading field, and he’s made the mistakes. But he’s learned from those mistakes. He’s developed a managed approach to investment and trading over the years that just plain works. But what is his approach, anyway?

 It’s about minimizing risk, having a plan, setting limits that make sense and taking the fear out trading. There are some risks involved in day-trading, but if you’re smart, you can see a fast turnaround with the money you invest. This means knowing how to identify and evaluate market trends and have a specific approach so you can leverage your investments.

 The Todd Rampe approach teaches you when you should move your money and where, as well as how to reinvest your profits to leverage your investment and compound the earning potential. Doesn’t this sound better than playing it “hit-or-miss” and losing money while you’re trying to run around figuring out when to buy or when to sell?

 There is a formula Todd uses called Fixed Fractional Money Management, and there’s a variation on that called Fixed Ratio Money Management. The main formula is used when you have a certain amount you want to invest, and you want to take the most risk with the least to lose, early on in the game. The Fixed Ratio variation is where your increase of risk decreases as you money grows. An initial investment of, say, $5000 will purchase two contracts, and the goal is to increase your investment by 100%. Which means you want to end up with $10,000.

 However, until that point is reached, you run the risk of losing a few percentage points of your initial money and that’s not what we want to have happen. Again, the goal is to double your money and use the profit to continue trading. Once you’re at the desired $10,000, move up a level. Keep using the formula till you’ve increased your profits again by another 100%. By diversifying your investments, your risk decreases your potential of losing your initial $5000 as your profits rise.

 However, you don’t want to fly blind. You need to have an investment plan once you begin a program. The plan should take into account your comfort levels, your initial investment amount and your short and long term financial goals. Never invest money you can’t afford to lose. A bare minimum of money should be no less than $500-1000 dollars. You need to also consider what your short and long term goals are and how much risk you’re willing to take to reach those goals.

 For example, a short term goal would be to increase your initial investment by 100% in X amount of time. A long term goal might be a vacation, college education or retirement.  A conservative amount of risk here is about 7% per trade but at that level, you would want to increase your initial investment to make it worth your time.

 An easier way to look at risk is how much you’d have to make back after a loss to bring yourself back up to your original investment amount. Using the $5000 example again, a 10% loss amounts to a $500 setback. Todd Rampe gives you the knowledge that takes a lot of the guess work out of the process and a large amount of the decision-making out of trading, giving you clear-cut rules and steps, allowing you to take on more risk.

 The thing you also need to do is set limits. Many investors set a cap that they think will keep them from losing their initial investment. But perhaps that might cost you more money than you think. Todd’s stop loss rules help you find the market for your investment size.

 Todd’s program helps minimize the negative emotions involved in this process of making investment decisions. Most people do one of the following: they let fear control their decisions or they get greedy. A decisive course of action keeps you from falling into those traps, keeping you from hesitating when you should move. A strong course of action prevents you from missing opportunities that could lead to long term growth.

 Todd’s program eliminates all that fear, all that guesswork, because his approach helps you play to win. His system gives you an easy to read bunch of indicators that help you analyze real time data, and gives you clear signs and action plans according to the most helpful numbers that will get you ahead, such as “Red to sell,” or “green to buy.”

 All you have to do, in order to play to win, is look at the chart given to you, decide if things line up according to the program’s step by step rules and click the mouse button. Rampe doesn’t guarantee you’ll become a millionaire overnight, but he does promise that by using his approach, you can succeed.

Play To Win: The Money Management Approach To Wealth Building