How to decide on Stop-Loss Limit?

Sunday, January 10th, 2010

The Stop Loss
A stop loss should be entered for each and every trade you ever make on the foreign exchange market. A stop loss prevents you from runaway losers, due to the fact that it will automatically close a losing position before your account balance is depleted. It would never be recommended to trade without [...]

0 comments admin | Forex Education, General |

Rules of FOREX

Saturday, December 26th, 2009

If you follow the rules above, you will be successful in this business. Mainly only invest %33 of your total money. Take risk with this amount in FOREX. Put your stop loss limit on the exact point.
1. Never Let a Winner Turn Into a Loser
2. Logic Wins, Impulse Kills
3. Never Risk More Than 2% per Trade
4. [...]

2 comments admin | Forex |