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Trading Strategies

How to Know if a Strategy Works

The sure-fire way to know a trading strategy works, is to start using it and watch your account steadily grow. But how do we know if a strategy is going to work before we put money into it? Well, we can't know for sure what will happen;…

Trading Like A CFO – Planning

We already went over the similarities between trading and financial management. Now we are going to get a little deeper into each one of the elements of management that could help with your trading. Planning to succeed Having a plan…

Trading Like A CFO

For a lot of traders, trading is something of a hobby, and they approach it with the same level of disorganization that they do their stamp collection. On the other hand, some hobbyists take their actions seriously and act with…

Size DOES Matter…

A phenomenon that a lot of traders notice - and you might have seen it yourself - is that when they increase the size of their trades, their strategy seems to stop working. For some, even just switching from their demo account to their live…

Why Do You Need a Forex Trading Plan?

When it comes to Forex trading it is essential to maximize profits and limit losses in any way possible. One of the best ways to do this is to have a carefully thought out trading strategy and to stay disciplined throughout the trading day.…