How to Make a Professional Forex Trading PlanThere is one thing all professional traders have in common and that is they all have a trading plan.The reason a trading plan is so important is because the plan is what a trader uses to make their trades, manage their trades and take profit out of the …
Money management
What is a Trailing Stop Loss? (Examples Included)
Whilst many traders focus on using the best strategy for finding trade entry signals, how you manage and take your profits will often have a bigger impact on the amount of profit you make. Using trailing stop loss strategies is one way you can capture bigger running winning trades whilst …
What is a Stop Loss Order? How to Use it in Trading (With Examples)
Stop Loss Order: How to Use in Your Forex Trading (With Examples) A stop loss order is an order you should be using on every single trade to protect your trading capital if price moves against your position. Whilst we all want to make winners 100% of the time, this is simply impossible, and …