Risk Disclaimer: Trading can contain substantial risk and is not suited for every investor. An investor could potentially lose all or more than their initial investment. “Risk capital” - is money that can be lost without jeopardizing one’s financial security or lifestyle.  Only “risk capital” should be used for trading and only those with sufficient risk capital should consider trading. iMarketsLive is not a licensed financial advisor nor does it give out financial advice. The user of IML products and/or services assumes full risk and responsibility for their trading activity. Past performance is not indicative of future results. Individual results will vary due to a variety of market and timing conditions.

• What are Retail Traders?

• Misconceptions about Trading

• What Roles Do Traders Play

• What must I be aware of when trading on smaller time frames?

• Why do traders use M1 / M5 / M15

*Retail Trading Roles

What are Retail Traders?

“Trading doesn’t involve a lot of money to get started”

“You can learn how to trade in a short amount of time”

“Trading is Easy”

Retail Traders must pick a market direction, justify a perspective and control the risk management strategy retail traders take on the Analyst, Trader & Risk Manager role.

Roles of a Retail Trader

Analyst: Responsible for thinking about potential trade ideas, researching to understand if the ideas could be valid, and planning entry strategies into these investment opportunities.

Trader: Acting on setups that have been identified, managing the process, and trusting you will make the right decisions with data the market makes available such as volatility/reversal signs.

Risk Manager: Be mindful of when it is time to close and reevaluate a trade.

In Summary: Retail Trading requires a high level of discipline to learn the skill of trading. You must effectively learn how to balance being a market analyst, risk manager, and trader simultaneously to maximize the probabilities of long-term success!