You probably know about MFE. But do you also track MaxR? In this post, I’ll show you why MFE only gives you half of the story and how MaxR can help you dramatically improve your profit per trade.
How Figure Out Exactly Much to Risk Per Trade
Have you ever wondered what is the optimal amount to risk per trade? This post will show you exactly how to figure it out.
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…
Where to Set Your Stop Losses to Avoid Stop Hunting
Does it feel like your stop losses are always getting hit? In this post, you will learn how to figure out the best place to put your stop losses and why brokers and institutional traders are not responsible for your losses…you are.
Is the Entry or Exit More Important in Trading?
Some traders say that the exit is more important than the entry, in trading. Is that true? Well, that depends on your trading system. However, I believe that the entry is far more important than the exit. Here’s why…
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.
How to be a Currency Trader Who is (Almost) Fearless
Fear is an important part of currency trading. But too much fear can cripple you. So how do you eliminate as much fear as possible, while keeping a healthy dose of caution? This article will give you a framework that you can use to overcome fear and dominate your trading.
How the 80/20 Rule Can 2X Your Current Trading System
Did you know that your entry strategy can greatly improve your trading return? If you are looking for a way to supercharge a system that is already working, then consider using the 80/20 rule.
3 Simple Ways To Avoid FXCM And Alpari Like Broker Risk
The Swiss Franc announcement caught everyone by surprise, even some brokers. Find out how you can prevent yourself from losing your entire account when events like this happen. These three tips can help you hedge your risk.
Trading Too Safe Can Also Be Risky
Is there such a thing as trading too safe? It depends on how you define it. Find out more in this post.
How to Calculate Risk in Forex
A common question that I see in Forex forums is “How do I calculate my risk in Forex trading?” Then usually, someone goes into a big long calculation that factors in leverage, price per pip and any other random information that they want to include. The truth is that it really isn’t that hard. Here is how you do it.