Original article by Forex Supersonic
Forex trading reports gives some traders the data that they need to make a lot of money with day-trading or scalping techiques, but for others it just seems to bring about a gigantic wreck.
check your broker’s T&Cs if you need to trade around reports reports. Some will mechanically close [...]
By Forex Turbo Drive
In back tests you are not likely to pick up the worst possible eventuality and so most times a forex trading course will counsel at least doubling the drawdown that you find. However, if a run three times as bad occurred, our account would be wiped out. So having done a [...]
This is a guest post by Oracle Trader
Following these tips in demo mode will mean you are learning something handy and passing the time without being almost convinced to leap into a real trade when the conditions are not right. Something like that may have some bizarre effects and it’s better to leave the [...]
Original post by Surefire Trading Challenge
Some brokers are now beginning to quote the other major currencies to 5 decimal places. Rationally this should mean that one pip would be 0.00001 currency units, but the potential there for confusion is huge, if a pip would be worth 10 times as much with some brokers than [...]
Guest article by Xtreme Pip Poacher
If you’re losing with forex, you probably need a foreign exchange trading course that may turn those losses into profits. Of course this is the aim of any currency trading course, but only in the sense of the bottom line. No-one can have profitable trades one hundred pc of [...]
Always keep in mind that some unexpected event like a natural disaster, war or sudden death of a political leader could throw the entire market into misunderstanding. If you are risking too much on each trade then at some time or another your funds will be wiped out. All systems have their highs [...]
By Supreme Complexity
If we take a scalping system that makes a median of 20 pips on a rewarding trade and loses a standard 30 pips on a losing trade, with 80% of its trades being moneymaking and only twenty percent losses, this is the edge for this system:
Edge = (80% x 20 pips) – [...]
Originally written by FAM Drone
Euro currency trading against the dollar is the way that most foreign exchange traders start out, and yet in many cases they know virtually nothing about the EUR. The euro is a special (some might even say unusual) currency because it is not the historical currency of any nation. [...]
If we take a scalping system that makes an average of twenty pips on a profitable trade and loses a standard 30 pips on a losing trade, with eighty percent of its trades being profitable and only twenty percent losses, this is the edge for this system:
Edge = (80% x 20 pips) – [...]
Original post by Forex Bliss Formula
In this currency trading tutorial we will look at how to manage your money in order to have the highest chance of making profits, rather than losses. We all know that currency exchange or fx trading is risky, but there are numerous things that we will be able to [...]