Develop the proper risk management skills and mindset so you don’t become part of the 95% of new traders who end up losing all their money.
Risk Management
Be a trader, not a gambler! Read on to find out the difference between the two.
The Number 1 Cause of Death of Forex Traders
Just because brokers allow you to open an account with only 25 USD doesn’t mean you should. That is, unless you want to fail.
Position Sizing
Position sizing is setting the correct amount of units of a currency pair to buy or sell.
Setting Stop Losses
Stop losses not only help you limit your losses and help you move on, they also eliminate the anxiety caused by losing on an unplanned trade.
Scaling In and Out
Don’t worry! We won’t tell you to weigh yourselves before and after your trades. Instead, this section will teach you how to get creative when making pips!
Currency Correlations
Have you ever noticed that when a certain currency pair rises, another currency pair falls? Somehow, they’re all connected.
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