Wednesday, March 10, 2010

Managing Forex Risk with Precision Entries

Managing Forex Risk with Precision Entries

This article outlines the process for executing precision entries. The risk/reward ratio for this method is in the range

Back testing your Trading: The Skeptic’s Triumph

Back testing your Trading: The Skeptic’s Triumph

Back testing is popular, but it is not very reliable. There are many reasons that make it ineffective

FXD Series: A Closer Look Into ForexDistrict’s Trade Ideas

FXD Series: A Closer Look Into ForexDistrict’s Trade Ideas

The Following article will be the first in a series of posts that will help you get a deeper understanding into the technical trade ideas supplied here at ForexDistrict.com.

What To Do When You Have A Losing Trade

Whether you are an experienced trader or just a beginner, it’s important to know how to handle the losing trades you’ll inevitable have.

Forex as a Business: 10 Things to Keep in Mind

Setting out a business or an entrepreneurial venture may require over five years time before profitability is even reached. In fact, according to several statistics, 50% of businesses fail in the first year while 90% tend to fail within the first five.

The Currency Carry Trade: Make money while sleeping

The forex market is volatile. It is difficult to know where the price of a currency pair will be in the next minute, hour, let alone the day or month.

Forex Success – Top Ten Tips (Part 3)

Personal Qualities of the Trader

The positions vacant ad reads like this:

“Traders Wanted – Must be dynamic, spirited, have high pain thresholds. Finely tuned bullsh*t meter an advantage.

Forex Success – Top Ten Tips (Part 2)

So you have opened a position at what you believe is the right moment, now what? How do you manage that trade in the best way possible?