Browsing Tag

risk management

The most common risk fallacy

There is a very common mistake that people and traders make when they are considering the likelihood of something happening: they think risk carries over each time they take a risk. Let's use coins as an example, but you'll see how this…

Rebuilding Your Confidence After a Loss

According to the results of a study conducted on over 43 million trades worldwide from Q2 2014 through to Q1 2015, across the 15 most popular currency pairs; more than 50% of traders made money most of the time and closed out at a gain.…

Do I Need Stop Loss and Take Profit?

Foreign exchange trading volumes rose to a record high in the first three months of 2018, representing a rise of 28% in March 2018, compared to a year ago, according to data released by CLS and published by Reuters. The increase in the FX…