Posts Tagged ‘Forex positions’

Position Sizing Techniques in Forex

Part of creating a Forex trading plan to become a profitable trader is deciding on a position sizing technique. The size of the positions you trade is part of your money management plan. Money management is as important as your basic trading strategy. Not only does your position sizing technique impact the results of your trades, but the amount of money you choose to invest could determine whether you succeed as a Forex trader [...]

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Calculating Profit/Loss in Forex Trading

Trading currencies involves more than technical knowledge and up to date information regarding market news and events. Each trade has its own numeric particularities, which will determine your profit/loss depending on several factors, such as: lot size, pip value, spread and leverage. This article will explain in 3 examples how you can manage your buy/sell orders in order to successfully achieve the expected results for each one of them.

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