Learn how to set a stop loss and take profit in MT5. This tutorial covers the mobile, desktop and web versions.
Learn how to calculate max drawdown in a spreadsheet and find out what this metric tells you in backtesting, forward testing and live trading.
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.
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.
Not all traders will benefit from hiding their pending orders. Learn which traders will benefit and how to get started.
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.
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.
Your Trading Risk Tolerance Personality is one of the 3 parts of the Trading Foundation. Learn how to figure it out and when not…
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…
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…
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.
Ouch! Yeah, losing streaks hurt like hell. They can make you question your trading skills and sometimes they may make you want to give up trading. But unfortunately, they are a natural part of trading. In this post, you will learn some strategies on how to limit their negative impact on you get your trading back on the right track.