One of the most important elements of profitable forex trading consists of prudent money management. While it may not sound glamorous, knowing about forex position sizing could save you considerable ...
What is a Lot in Forex? In forex trading, a lot refers to a standardized unit of measurement for the transaction size of a particular currency pair. Lot size is generally expressed in terms of the ...
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How many forex positions should you actively trade? While you can hold as many positions as your account size allows you in stocks, in forex trading, it is a different story. Today we are holding off ...
Ask any experienced trader what separates someone who survives the forex market from someone who burns through their account, and they’ll likely say the same thing: proper trade sizing. It’s one of ...
Trading foreign currency can be rewarding. At the same time, it can be confusing, especially for beginners. You must be familiar with different terms and concepts. Among others, one thing you should ...
Many traders in Nigeria focus on entries, yet the biggest determinant of survival is position size. Drawdowns rarely come from one bad idea alone. They come from a series of trades where exposure was ...
Forex traders make bets on fluctuations in global currency prices. Trades can use leverage and margin to make big profits on relatively small positions. These markets are volatile and unpredictable, ...
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Vikki Velasquez is a researcher and writer who has managed, coordinated, and ...