An Honest Risk Warning !
DO NOT BASE ANY INVESTMENT DECISION ON INFORMATION PROVIDED ON THIS WEBSITE OR OUR TWITTER ACCOUNT @THWEISSXFX
The stock market (or any other actively traded financial market) is the most competitive environment you can possibly imagine and engage with. Money in the markets is not created, it is only redistributed from the bulk of losing participants to a small number of winning participants. Most traders ( likely over 95%) lose money and many lose all of their funds over a short period of time before quitting the markets altogether ( read more). It is paramount to only trade with money you can afford to lose. When you decide to engage with the markets for the first time the odds will not be in your favour and you will likely experience substantial financial losses or possibly a complete loss of your starting capital early on. Most traders (including us) learn it the hard way. You have to be aware of the risks and you must always work on reducing that risk in order to survive the steep learning curve of becoming a profitable trader.
If you do not understand the risk associated with trading (especially with the use of leverage), then you should consult an independent financial adviser immediately BEFORE you start trading real money in the markets.
We at Thweis are self-taught private traders and NOT financial advisors. We never had any professional training in trading. While we both have an academic degree, we do not have an MBA in economics nor do we have any professional background in finance at all. We just share our self-taught and hard learned knowledge which we acquired through trading our own money in the stockmarket since 2009. We believe that all trading is high risk and we willingly accept and embrace that risk!
There is no guarantee that our methodologies, techniques and stock ideas work for you as they work for us. If you choose to trade the markets independently by following our guidance and by adopting our methodologies and ideas, first give reasonable thought and consideration to your actions and their potential consequences. One such consequence is the complete loss of your trading capital. You are responsible for your actions and you trade at your own risk at all times. Do not blame others!
We believe that successful trading is similar or equal to mastering a sophisticated profession, professional sports or any similar competitive endeavour. Without the accumulation of quality and guided practice over many years you will not stand a chance against the more seasoned and experienced market participants. You simply don’t have the skills early on and you must not confuse intrinsic talent with skill.
Your goal as a trader should be to develop a small edge over time. This edge can be seen as a small statistical advantage which will allow you to trade in a way that your gains exceed your losses over a large amount of individual trades thus creating a positive profit expectancy. Losing streaks will happen and will create large equity drawdowns. The outcome of individual trades can’t be predicted.
Every trader has an individual risk allowance and must make sure to only risk an amount he can handle and is truly willing to lose. We at Thweis understand that each trade can fail and create a loss. We cope with this risk by applying techniques which suit or personality.
If you choose to apply the methodologies andtechniques explained and taught at www.thweis.com and @Thweissxfx on Twitter.com you do so at your own risk.
The size of individual positions, the use of leverage, the stop loss of individual trades and the frequency of trades are all individual and subjective numbers. Each trader must pick those numbers depending solely on their own risk allowance in a way that they don’t lose sleep over the emotional pressure caused by the inherent nature of risk.
When you start following our guidance, you accept that we only provide knowledge which we accumulated trading our own money. While we are confident that we can improve the odds of you turning into a net profitable trader, we still can not guarantee it.
For more information please refer to our general disclaimer which can be found in the fooder at the bottom of our website.