From the category archives:

Forex Strategies

Take Your Winnings Out

August 22, 2009

In a previous post about proper money management, I briefly mentioned taking some of your winnings out.  I feel like I should explain it in more detail for people that are very eager to get rich as fast as they can. Maybe you will understand what I mean by considering my example.  When I first [...]

Read the full article →

4 Ways to Drastically Lower Your Risk in Forex

August 21, 2009

You know Forex is risky.  You read about it, and probably tasted it first hand.  Yet, you know you can make money in it.  So you trade it.  Yet, there are ways that you can still generate extreme amounts of profit while at the same time lowering and limiting your exposure. 1)    Diversify, diversify and [...]

Read the full article →

6 Steps to Proper Money Management in Forex

August 21, 2009

Building a valid trading system for trading Forex constitutes only a part of the successful solution.  Traders also have to consider under what money management rules they plan to operate. The steps provided below may show a possible way to go. 1st Step – Decide your risk tolerance.  Day traders should consider maximum daily amount [...]

Read the full article →

Scalping in Forex

August 19, 2009

Scalping referrers to trading style where traders initiate positions for the purpose of exiting them as soon as they move in their direction for x amount of ticks.  They try to predict where the very next, tick by tick, price move will be.  Thus, it is the most aggressive way to trade the market, and [...]

Read the full article →

Stochastic Divergences

August 13, 2009

In this previous post I showed a system that might be of interest to some of you.  It is programmable and thus testable on a historical data.  For those that like to consider Stochastic but are intuitive in nature and don’t like constrains of the system (a post on pros and cons of a system), [...]

Read the full article →

← Previous Entries

Next Entries →