Category Archive For "Money management"
How to Manage Losses in Trading
As you get started in trading, you will need to develop a way of managing stress levels and losses. Of course, you chose trading to make profits and grow your invested capital. But as you know, each market comes with a level of risk and uncertainty. Although you can make educated guesses based on calculations, …
Here is why you should have a proper trading plan
Succeeding in the forex market means you need to have a trading plan in place. This is why a good forex education program is so important because usually it teaches you how to pick the best strategy which fits your needs and personality the best. There are a lot of platforms with free trials and non-expiring …
Forex Risk and Money Management Part 2.
In the Forex Risk and Money Management Part 1 you could read about the types of risks and now in the Part 2 you will learn how to manage the forex risk and variance properly. If you have not read the first part yet, I recommend to start with that, then continue with this article. Trading …