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Determining Risk and Reward In Forex Trading
Forex Money Management | Written by BK Trader FX
How do you determine proper risk and reward in trading? I don't think anyone can ever provide a definitive answer to that question.
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Calculating Forex Risk Probabilites Using Fibonacci Retracement Levels
Forex Money Management | Written by Marc McRae
Once you have identified a trend or you have determined that you wish to enter the market either long or short, your next job is to mark off the chart points just like the examples above. Point A will always be easy to find as this will be the start of the downtrend or uptrend. Point B will be a recent "peak" in an uptrend or "valley" in a downtrend.
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Placing Stops
Forex Money Management | Written by Joe Ross
Stop placement is where we separate the kids from the adults. Stop placement is the sole responsibility of you as the manager of your trading business. It is one buck that you cannot pass. You are the end of the line when it comes to placing stops.
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Forex Trailing Stops by Chuck LeBeau
Forex Money Management | Written by Chuck LeBeau
Now that we have taken the necessary precautions to avoid catastrophic losses by using disciplined money management stops, it is appropriate to concentrate on strategies that are designed to accumulate and retain profits in the market.
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Buying New Highs and Selling New Lows
Forex Money Management | Written by Thomas Long
One of the oldest and most powerful money management strategies used to enter into and exit out of trades is using new highs and new lows over a certain period of time.An example would be to sell a new 10-day low to enter into the trade and use a new 10-day high as your trailing protective stop.
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Forex Money Management and The Use of Leverage
Forex Money Management | Written by Thomas Long
Too many new traders will open a trade using too much leverage in an attempt to get a big win. More often than not, these trades end up as losing more money than was necessary.
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Forex Money Management and Trailing Stops
Forex Money Management | Written by Thomas Long
After having identified your trade entry price and your initial risk which if the difference between your entry and initial protective stop, many traders will also enter a limit order to take profits.
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Yo Trader! Are You SOL?
Forex Money Management | Written by Rob Booker
The average trading account: up a little bit, then back down a little bit. Maybe a big gain here and there.
Then down a lot. Maybe the entire account is lost. Trading — whether it’s forex, stocks, bonds, baseball cards or coffee beans — is largely a losing game for most people who try.
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The Importance of the Risk to Reward Ratio
Forex Money Management | Written by Thomas Long
Trader A has a win percentage of 75% on all trades while trader B has a win percentage of closer to 40% on all trades. Which trader is more profitable?
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The Rules of Forex Trading Money Management
Forex Money Management | Written by Kevin Davis
In the emerging field of financial psychology, study after study has proven that, even with winning odds as high as 60%, only five percent of traders will be in the black by year's end.
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Planning Trades To Control Risk
Forex Money Management | Written by Joe Ross
The problem with many traders is, they only have half a plan, the easy half. They know how much profit they're willing to take, but they don't have the foggiest idea how much they're willing to lose.
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Money Management Mistakes by Joe Ross
Forex Money Management | Written by Joe Ross
Money management overlaps with risk, trade, business, and personal management, yet it has many aspects that make it unique, distinctly different from all of the other areas of management. In this chapter we want to examine some areas of money management that seem to involve mental quirks leading to costly mistakes.
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Money Management Tips For Trading On The Forex
Forex Money Management | Written by David McLauchlan
Money management in the foreign exchange currency market requires educating yourself in a variety of financial areas. First, a definition of the foreign exchange currency or forex market is called for. The forex market is simply the exchange of the currency of one country for the currency of another.
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Advanced Trade Management
Forex Money Management | Written by Giorgos E. Siligardos
The term “Trade Management” refers to methods and manipulations which can be followed before and after a trade has been made to ensure a protection from undesirable movements of the tradable and at the same time to guarantee that if the position finally proved to be right, the profit will compensate the risk taken.
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The Difference Between a New Currency Trader And a Professional Trader
Forex Money Management | Written by Thomas Long
One of the great things about being a Power Course Instructor is that I get to work with people who are really making a commitment to improve as traders.
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