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Hopefully, we’ve done our job and you now have a better understanding of what “margin” is. If you don’t know...
Assume you are a successful retired British spy who now spends his time trading currencies. You open a mini account...
Margin can be thought of as a good faith deposit or collateral that’s needed to open a position and keep...
Let’s discuss leverage and margin and the difference between the two. What is leverage? We know we’ve tackled this before,...
Most professional forex traders and money managers trade one standard lot for every $50,000 in their account. If they traded...
Be the casino, not the gambler! Remember, casinos are just very rich statisticians! It takes money to make money. Everyone...
Traders are often so fixated on their winning trades that they totally ignore their losing trades. But it’s from your...
To increase your chances of profitability, you want to trade when you have the potential to make 3 times more...
How much should you risk per trade? Great question. Try to limit your risk to 2% per trade. But that...
So we know that risk management will make us money in the long run, but now we’d like to show...
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