Forex 101: Managing Risk
A trader with a mediocre system and great money management skills will fare better than a trader who has a great system but no handle on his money.
DetailsLive Trade Call for March 26, 2008
CANADIAN RETAIL SALES PROVIDES UP TO 40 PIPS FOR TRADERS This morning we were watching the Canadian Retail Sales figures, and we were looking to short the USD/CAD and EUR/CAD if the number came out at least 0.4% better than expected. The actual number came out with a deviation of 0.8%, so it met our…
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Control Your Emotions to Achieve Success in the Foreign Exchange Market
Emotional forex traders will be tempted to chase bad money with good, and subject themselves to even greater losses.
DetailsLive Trade Call for March 25, 2008
UK RETAIL SALES PROVIDES UP TO 70 PIPS IN PROFITS For our last live trade call we were looking at the UK Retail Sales last Thursday, and we were looking to enter a long on the GBP/USD if the deviation met our safe trigger of 0.5%. The actual number came out with 1.2% deviation, so…
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