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 ...
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.
’I compile statistics on my traders. My best trader makes money only 63 percent of the time. Most traders make money only in the 50 to 55 percent range. That means you’re going to be wrong a lot. If ...
Editor's note: Article originally published February 26, 2016. I can't tell you how many times I have been woken up in the middle of the night by an investor who was sleepless over a position that was ...
James Chen, CMT is an expert trader, investment adviser, and global market strategist. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in ...
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. In part one of this series we the addressed short comings of moving your account "ALL IN" on a single trade. We ...