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, …

Continue reading

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 …

Continue reading

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 …

Continue reading

Money Management in Forex Risks – Lesson 1

Why is Money Management important in forex? The right money management is simply the most important factor in becoming a successful trader. Either beginner or professional trader you are, you have to follow some rules to preserve your trading capital. And the most important is: if you have a prudent risk management, then it is …

Continue reading