Posts Tagged ‘ money ’
As was the case with most of the Forex trading contests that are held on the demo accounts, in the Automated Trading Championship (ATC) 2010 it’s very important to have not only a great trading strategy implemented in the expert advisor but also an aggressive money management system that will use… [ READ MORE ]
Following up on my blog posts about the importance of keeping a trade journal in Forex trading. I’ve decided the ask my readers if they use this great tool for improving the overall Forex system and money management in particular. You can find my previous posts with a good example of trade journal (in Excel format)… [ READ MORE ]
In my last post, I reported that the markets were incredibly bearish on the Euro, due to concerns that the Greek debt crisis could neither be mitigated nor contained. By following up on this report with another incantation of Euro bearishness, I certainly run the risk of belaboring the point. Still, the fact that since [ READ MORE ]
Although the volatility in the financial markets yesterday was largely attributed to a trading error, the fear was not an illusion. Despite the better than expected U.S. labor market numbers, the approval of a Greek bailout package by Germany and massive liquidity injection into the short term money markets by the Bank of Japan, [ READ MORE ]
Risk aversion continued to wreak havoc in the currency market today with EUR/USD falling below 1.2950 after it failed to recover the 1.3000 figure in late Asian session. With key European governments yet to approve the Greek bailout deal markets are fearful that it may unravel at the last possible second. The irony [ READ MORE ]
This has really become the story that simply won’t go away. Just when it seemed investors had fully digested the implications of the Greek debt crisis, they once again turned their attention to it and attacked the Euro with renewed vigor. Summarized one analyst, “Fears regarding Greece have been reignited.” As a result, the Euro [ READ MORE ]
Key money/risk management guidelines to help sustain profitability and control losses over the long haul…. [ READ MORE ]
A few days ago a trader from a popular Forex forum asked a question concerning the safety of the Forex trading accounts from hacking and other security-related issues, specifically about the safety of the MetaTrader 4 accounts. While there is a dependence between the security policy of the trading platform and the security of the funds in the trading account, the more important is the security policy of the specific Forex broker. There are four major types of the potential important problems [ READ MORE ]
Fx Innova is the latest Forex broker, which description was added to EarnForex.com. It’s a very new MetaTrader 4 broker that has launched on March 25. It’s based in BVI and isn’t regulated by any authority yet. This fact may change in future, but currently it has no reputation and no regulation and thus should be considered a rather risky choice as a Forex broker. I wouldn’t recommend to jump [ READ MORE ]
A new addition arrived to the Forex strategy repository on EarnForex.com today. It’s a rather mundane strategy based on the support and resistance levels, but it’s given in a systematized form with a structured description. This Support and Resistance Strategy will be easily understood even by the beginners that aren’t acquainted with the concept of the S&R. It has money management instructions, entry and stop-loss conditions and doesn’t require using any of the standard or custom charting [ READ MORE ]
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