Students and acquaintances often ask me to teach them Forex trading techniques to profit in the Forex market. Is there such a Holy Grail that can provide guaranteed winning trades? I listen as an acquaintance continues to complain that he is losing too much money, that he is never on the right side of the [...]
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Forex Trading is 70% Psychology, 20% Money Management, and 10% Technique
Posted by admin on December 1st, 2010
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The Secrets of Profitable Forex Money Management
Posted by admin on November 29th, 2010
One of the main reasons why over 90% of new Forex Traders lose their entire accounts within a few months is that they fail to understand that their new profession entails high levels of risk. To counter this problem, they need to grasp the concepts of good money management as quickly as possible. Although mastering [...]
Forex Money Management Protects Currency Traders
Posted by admin on November 29th, 2010
Forex money management techniques are the guards to protect profits and reduce risk for investments made by Forex traders. Forex markets are highly volatile markets and long before one realizes the losses have mounted up quickly. This is why experience and expertise is important when getting involves with currency trading. It is easy to be [...]