Forex Risk Management - Managing Forex Trading Risk
Introduction to Risk Management
Risk management can make the difference between your survival or sudden death with forex trading. You can have the best trading system in the world and still fail without proper risk management. Risk management is a combination of multiple ideas to control your trading risk.
Managing Risk on a Demo Account
Forex brokers provide a nice large balance on a demo account by default. They know that this will encourage the notion of easy money and encourage beginning traders to bet big. This can result in the trader opening a live account and having the same notion that beating the market is easy with big bets.
Choosing a Lot Size
Understanding forex trading lots
While looking for a broker you will discover that there are brokers out there that offer extreme leverage. Some brokers will even offer you 400:1 leverage. This would allow you to open an account with $300, and use that same amount to control up to 120k worth of trades.
Know When To Fold 'Em: Risk Management Strategy
Learning how to trade Forex well can only be done if you can manage risk. Once risk is manged, you can work on building a true edge.
Risk Reward Ratio
What is risk reward ratio?
Surviving a wild forex market
Emotions can run very high during volatile trading. There are a few simple things you can keep in mind that will help you succeed and stay in the game when the markets are wild.
Forex Professional Leverage
What type of leverage do professional forex traders actually use?
How do you use leverage?
How do forex traders use leverage?
Forex Risk Aversion
How risk aversion affects forex trading?
Forex Scalping - A Dangerous Game
There are right and wrong ways to scalp forex. Are you scalping forex the right way or is it on track to eat you alive?
Forex Risk Management Strategies
Strategies to manage forex risk so you'll be around to trade tomorrow.
How to Stop Losing Money with Forex
Turning your trading around when you're losing money.
5 Ways to Fail at Forex Trading
If you want to know exactly how you can fail at forex trading, read this article.
What is the difference between Trading & Gambling?
If you can understand the similarities between trading and gambling from the casino's point of view, you can build your trading edge!
The One Thing All Professional Traders Agree On
Traders often focus on winning trading systems that give the best signals. However you have to preserve your captial if you're going to win long-term.
FX Trading Bad Habit #1: Unwillingness to allow your edge to play out
Emotional Discipline can not be learned in the classroom. Even traders with systems must have discipline to stick with their edge. Heres how you can.
FX Trading Bad Habit #4: Emotionally Guided by the last few trades
Learn why you should see every trade set-up as unique and that you should emotionally divorce one trade from the next.