One of the most important elements of profitable forex trading consists of prudent money management. While it may not sound glamorous, knowing about forex position sizing could save you considerable ...
They decide to risk a certain amount of money on each trade, but when they open MetaTrader or another platform they are not ...
What is a Lot in Forex? In forex trading, a lot refers to a standardized unit of measurement for the transaction size of a particular currency pair. Lot size is generally expressed in terms of the ...
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Trading foreign currency can be rewarding. At the same time, it can be confusing, especially for beginners. You must be familiar with different terms and concepts. Among others, one thing you should ...
In trading, discussions often center on strategies, indicators, or market predictions. Yet behind the numbers lies a quieter factor that often determines whether a system can endure: position sizing.
Let’s talk about something that doesn’t sound flashy but will make or break your trading account: position sizing. If you’re a prop trader, this is even more important. Prop firms have strict daily ...
Many traders in Kenya learn risk management only after a painful loss. They start with excitement about forex or indices, then discover that even a good strategy can fail if position sizes are random.
Position trading is an offshoot of trend trading, which sees traders following trends through their culmination. Position traders sit somewhere between swing traders and buy-and-hold traders, holding ...