Currency Trading
Money Management and Forex Trading - the Key to Bigger Gains
Saturday, October 18th, 2008David Windsor asked: Money management is a bit like sex, we all do it but we don’t talk about it much yet, if you don’t employ proper money management you won’t win. Let’s look at some basics to do with money management.Money management is the difference between making stellar gains or wiping your account [...]
Some of the Time-tested Money Management Rules to Ensure a Healthy Survival in Future
Thursday, October 16th, 2008josh wright asked: Money is must for anybody’s survival. In the same manner, money management is essential to ensure a person’s continual survival in business. There are various rules which if followed ensure a healthy and persistent growth. Money should be used wisely as it is used for day-to-day functioning of the business. It is [...]
Forex Money Management - How Do I Go About It?
Wednesday, October 15th, 2008Kelvin Chan asked: If you’ve read my earlier articles, you’ll know that I consistently stress on the importance of money management because good techniques and setups alone won’t save you from bad money management. So it only makes sense to know what good money management is. Fair enough?Ok, let’s move on to the good stuff.Money [...]
Forex Money Management - Building a Platform for Huge Gains
Tuesday, October 14th, 2008Samuel Leslie Berkovits asked: If you want to win at forex trading, you need to like the good football teams - play strong defence first. If you do, the offence will take care of itself and you could soon be making some huge gains and protecting what you have at all times.Many traders do forex [...]
Forex Money Management - the Key to Triple Digit Gains
Monday, October 13th, 2008Samuel Leslie Berkovits asked: Most traders think forex money management is just placing a stop and it’s much more than that. Good money management can turn a losing system into a winner and mediocre system into one that makes triple digit gains.If you want to win long term at forex trading, you need to defend [...]
Successfully Managed Forex Trading
Tuesday, September 23rd, 2008Sally Wilson asked: If you’re going to trade in the forex and successfully manage your forex trading, then your going to need to think and act like a forex trader. This involves mentally having your mind in trading mode without distractions from the outside world. When you’re under stress and thinking about your personal life [...]