Risk Management Tools and Techniques Trading on the FOREX market is exciting, but what makes it so exciting is what simultaneously makes it risky – volatility. Certain trading strategies depend heavily on this volatility and make high frequency trades hoping to take advantage of it, but exposing your capital to volatility can result in losses. …
What is a Pip in Forex Trading Maybe you’ve been in the middle of watching a movie trailer on YouTube, and out of nowhere this ad appears with a guy who tells you how to make money in Forex. The ad gets your attention and you decide to hear this guy out. Then, just as …
Automated Forex trading, also known as auto Forex trading, is the process in which you allow a computer program to either trade your Forex account or recommend trades which you may then execute manually. The computer program executing or recommending trades will operate according to a set of rules which will govern the generation of …
Learn to take losses. The most important thing in making money is not letting your losses get out of hand – Marty Schwartz Accepting loss to gain trading consistency is an interesting paradox. Every good trader endures loss. The difference between a successful trader and failure is understanding how to handle loss. Whether we choose …
Let’s suppose you’ve made a decision to trade in financial markets. It seems to you that your spare funds allow you to start making profit in such an unconventional way as Forex trading. You even have enough spare time for this, and what is most important, you have the desire to this. What’s next? As …
