December 11th, 2008

Always Scale Back When You are Trading Poorly (4 of 26)

This entry is part 4 of 26 in the series The Disciplined Forex TraderWhen things are not working out for you cut down on the size of the lots you trade until you get back on track again.  All good traders will follow this rule.  Why continue to lose on five lot trades when you [...]

August 22nd, 2008

How Much Of My Account Should I Risk?

When a trader first starts to trade there are many things to learn like:
1.    How to use the platform
2.    Which trading style I should use
3.    Which indicators should I use
4.    What time frames best meet my life schedule
5.    How much money should I trade with
6.    How much should I place on each trade
7.    How much [...]