Our job as Day Traders is to allocate risk to a trade. If market conditions favour us we have a win, if not we suffer a loss. The Golden Rule of Trading Success is always to cut your losses off short and let your profits run and in light of that golden rule, this article focuses on 3 simple steps to keep your risk to a minimum. Day Traders get too caught up in the incredible gains that are possible when trading Contracts for Difference and so this article should be a gentle reminder of what you need to do as a day trader.