The previous lesson discussed how to set stop loss using a percentage-based amount of your account. A more sensible way...

Let’s start off with the most basic type of stop: the percentage-based stop loss. The percentage-based stop uses a predetermined...

Managing and preserving your trading capital is your most important job as a trader. If you lose all of your...

After journeying across the globe with Newbie Ned, and through some basic position sizing examples, you’re well on your way...

Let’s say you want to buy EUR/GBP and your broker account is denominated in USD. In this trade, you...

To make things easier for you to understand, as usual, we’ll be explaining everything with an example. This is...

Now that we’ve learned the hard lesson of trading too big, let’s get into how to correctly use leverage using...

Most beginners underestimate the potentially devastating damage leverage can wreak on their accounts. Understanding leverage enough to know when to...

Besides amplifying your losses, leverage also has another way of killing you. It’s a much slower kind of death though,...

As a trader, it is crucial that you understand both the benefits AND the pitfalls of trading with leverage. Using...