Examining the good and bad sides of each of the money management methods At the center of any competent trading strategy is a well thought out and proven money management method. When designed and applied correctly, there is no better indicator to give each entry the best chance of successfully resulting in optimal position sizing.… Read More »
Why stop losses are your best bet against runaway losses We’ve said it before and we’ll say it again: a successful business career is built around effectiveness. risk management. Traders who do not take proper precautions and plan for negative outcomes will quickly find themselves in situations they cannot handle or escape. One of the… Read More »
Forex swing trader Swing trading is a type of trading strategy that targets long rallies or long falls. Swing trading is also known as long-term trading or trend trading. It is about holding a position for several days or weeks. By holding the position, traders try to capture a longer price range in stocks, currencies,… Read More »
Common Forex Trading Mistakes and Traps If you are a beginner forex trader and even if you are an experienced forex trader, then this article is very important for you!We all know that it is not easy to be successful as a Forex trader, but it certainly is possible. This article highlights common trader mistakes… Read More »
How to create a business plan to guide you throughout your business career It’s one thing to write an article about why trading according to a plan is the only way to go. But without giving traders the tools of how to create a trading plan, success it may not be as achievable as your… Read More »
Three key elements to transform you into a fully professional Forex trader Imagine an equilateral triangle. Three equal sides, existing as a whole together. Occasionally one might pull the other two. One side can grow while the other two shrink. The triangle can transform into an acute or obtuse triangle before settling back to an… Read More »
Risk Management Tips: Plan Ahead So You Know What To Expect In this article, we will discuss several tips on forex risk management strategies and techniques, as well as offer some simple money management tricks and tools to help you adopt a risk management tactic to match your trading strategy. Trading is a profession built… Read More »