How to Set a Stop Loss and Take Profit on MetaTrader 5 (iOS, Android, Desktop, Mobile and Web)
Learn how to set a stop loss and take profit in MT5. This tutorial covers the mobile, desktop and web versions.
Trading Risk Management
Success in trading is all about risk management. Learn how to set stop losses, implement money management, and much more.
How to Calculate Maximum Drawdown in Excel
Learn how to calculate max drawdown in a spreadsheet and find out what this metric tells you in backtesting, forward testing and live trading.
How to Find the Best Place to Set Your Stop Loss
Where is the best place to set your stop losses? That depends on you and your trading strategy. Learn how to figure it out in this post.
9 Strategies for Growing a Small Trading Account
Growing a small account isn’t necessarily about taking high-risk trades. There are many other ways that you can grow your account. Learn what they are here.
How to Hide Stop Losses From Your Broker
Not all traders will benefit from hiding their pending orders. Learn which traders will benefit and how to get started.
Is Your Stop Loss Too Tight? Here’s How to Find Out
Are you wondering if you should give your trades more room or if you should set your stop tighter? This post will show you exactly how to figure it out once and for all.
How Figure Out Exactly Much to Risk Per Trade
Is 1% really the ideal amount to risk per trade? In this post, I’ll show you how to calculate exactly how much to risk per trade.
How to Figure Out Your Trading Risk Tolerance Personality (and why it matters)
Your Trading Risk Tolerance Personality is one of the 3 parts of the Trading Foundation. Learn how to figure it out and when not…
3 Steps to Optimize Your Forex Position Sizing
Position sizing is an greatly under appreciated part of Forex trading. Everyone wants to learn the latest trading system. But without a proper sizing strategy, will miss out on…
7 Huge Advantages to Trading a Tiny Forex Account
Almost every new Forex trader I talk to wants to take a $10,000 account and make a million dollars by next year. But wiser traders know that starting with an account of between $100 and $1,000 is a much better way to…
The Two Strikes Rule: A Risk Management Must in Trading
Revenge trading is the Achilles heel of many traders because they want to prove that they are right. But where do you draw the line between good trading and knowing when to quit. The 2 Strikes Rule is a good solution for me.
Move Your Stop Loss to Breakeven: Why, When and How to Do It
Wondering when to move your stop loss to breakeven? It is a tricky question to answer. Here are some ideas on how to figure out what works best for you.