Part of money management, position trading and position sizing in Forex determine the profitability of a trading account. Many try, few succeed. Traders bear enormous responsibility. From the moment they fund the trading account, suddenly become money managers. Like it or not, this is the reality. However, managing money is not for everyone. Traits must […]
Forex risk management is the cornerstone of trading the currency market. Therefore, understanding and managing Forex risks become a priority. Any trading strategy, no matter how profitable, is subject to money management. In fact, its profitability comes from proper Forex risk management. Think of it for a sec. Any trade has a stop loss. And, […]
