Forex Trading Guide Lesson 10

Forex Trading Guide Lesson 10

Risk Management

Be a trader, not a gambler! Read on to find out the difference between the two. What Is Risk Management? Risk management is one of the most important topics you will ever read about trading. Why is it important? Well, we are in the bus...[Read More]

The Number 1 Cause of Death of Forex Traders

Just because brokers allow you to open an account with only 5 USD doesn’t mean you should. That is, unless you want to fail. Ignoring Leverage: Why Most New Forex Traders Fail Most professional forex traders and money managers trade one standar...[Read More]

Position Sizing

Position sizing is setting the correct amount of units of a currency pair to buy or sell. Position Sizing Now that we’ve learned the hard lesson of trading too big, let’s get into how to correctly use leverage using proper “position sizing.” Position...[Read More]

Setting Stop Losses

Stop losses not only help you limit your losses and help you move on, they also eliminate the anxiety caused by losing on an unplanned trade. 4 Types Of Stop Losses Let’s face it. The market will always do what it wants to do, and move the way it wan...[Read More]

Scaling In and Out

Don’t worry! We won’t tell you to weigh yourselves before and after your trades. Instead, this section will teach you how to get creative when making pips! Scaling In And Out Of Positions Now that you know how to set proper stops and calc...[Read More]

Currency Correlations

Have you ever noticed that when a certain currency pair rises, another currency pair falls? Somehow, they’re all connected. Currency Correlation Explained Have you ever noticed that when a certain currency pair rises, another currency pair fall...[Read More]

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