by edwardtho | Nov 25, 2024 | Risk Management
Forex Risk Management Plan for Intermediate Traders In forex trading, success isn’t just about finding the perfect entry or exit points. A robust Forex risk management plan for intermediate traders is essential for long-term profitability. By controlling your...
by edwardtho | Nov 25, 2024 | Risk Management
Optimising Forex Position Sizing for Intermediate Traders Forex position sizing is a must for every trader seeking consistency and growth. It’s the method of determining how much to trade per position based on your account balance, risk tolerance, and market...
by edwardtho | Nov 24, 2024 | Risk Management
How to Use Take-Profit Levels to Lock in Gains Setting take-profit level is one of the vital strategies traders use. It’s to lock in gains while managing risk. If you’re very new to Forex trading, setting up and using take-profit levels effectively can make a...
by edwardtho | Nov 24, 2024 | Risk Management
How to Calculate Forex Risk per Trade Managing risk is a vital skill for every forex trader, especially beginners. Calculating Forex Risk per Trade ensures you don’t expose too much of your trading account to unnecessary losses. By understanding how much you stand to...
by edwardtho | Nov 24, 2024 | Technical Analysis
What is a Forex Drawdown and How to Handle It If you’re a beginner in forex trading, you may have come across the term forex drawdown. Understanding this concept is crucial for protecting your capital and improving your trading performance. A forex drawdown...