The biggest misconception between traders is that; in order to make money in forex one has to make big gains in terms of pips. This is completely untrue. Pocketing small but consistent profits is as safe and rewarding as pocketing big gains that only come once in a while. (more…)
Backtesting is a process in which a trader assesses the performance of a trading strategy over historical data. However there is more to just punching a few numbers into a simulation program or blindly hovering over the charts. Following these essentials will make a tremendous difference in backtesting results. (more…)
Critical Trade Management:
Once a position is opened most traders deem it critical,but it really isn’t. Here are hypothetical ‘critical situations’ that you might find yourself in and on how to manage them.
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Mental Fatigue Management
You should be able to identify Mental Fatigue every time the below mentioned situations occur. Moreover on how to handle them.
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