admin on November 13th, 2011
One of the hardest decisions you’ll have to make while trading Forex is when to quit a losing trade. Don’t think you’re going to get out of this by having a perfect Forex system; while the best thing to do is obviously avoid losing trades in the first place, even with a really, really great system, it’s going to happen. Not only that, but a lot of Forex traders struggle to figure out [...]
admin on April 7th, 2009
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.
admin on August 26th, 2008
Drawdown and risk/reward ratio are two parameters to always keep in mind when trading forex, as they indicate your risk factor for your open trades in a very precise and clear way.
admin on August 14th, 2008
In forex like in other forms of investment, deciding beforehand exactly how much you’re going to risk in a trade and when you’ll be getting out is something of the utmost importance. In forex more than in other markets, though, novice traders tend to avoid this fundamental step completely.
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