Believe it or not, I have traders tell me they don’t use stops because that insures a loss if their trade moves to that level. While that can happen when a stop is triggered, would you rather have a margin call?
Believe it or not, I have traders tell me they don’t use stops because that insures a loss if their trade moves to that level. While that can happen when a stop is triggered, would you rather have a margin call?
Whenever the topic of trading comes up, the concept of “trend trading” will invariably be mentioned. Here is one way that a trader can deduce the direction in which the currency pair has been moving and confirm the trend.
Whenever the topic of trading comes up, the concept of “trend trading” will invariably be mentioned. Here is one way that a trader can deduce the direction in which the currency pair has been moving and confirm the trend.
One of the most exciting market conditions is also one of the most dangerous - and that is the reversal. Time and again new traders end up buying tops or selling bottoms while trying to find the 'big moves' in the market. This article will walk you through a way traders may look to trade reversals with risk management in mind.
One of the most exciting market conditions is also one of the most dangerous - and that is the reversal. Time and again new traders end up buying tops or selling bottoms while trying to find the 'big moves' in the market. This article will walk you through a way traders may look to trade reversals with risk management in mind.
Oftentimes traders think all they have to do is have more winning trades than losing trades and they will be a profitable trader. Such is not the case…
Oftentimes traders think all they have to do is have more winning trades than losing trades and they will be a profitable trader. Such is not the case…
The EURAUD is currently moving against its 1425 pip downtrend. Traders can use RSI to find overbought levels to enter new sell entries.
The EURAUD is currently moving against its 1425 pip downtrend. Traders can use RSI to find overbought levels to enter new sell entries.