Strategies

Strategies

Learning Martingale trading system

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Martingale: What is it and how does it work? In this post, I talk about the strategy, it’s strengths, risks and how it’s best used in the real world.

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Over trading is a common trap that new traders fall in to. If you’re an over active trader it can have dire consequences for your wealth.

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A dual grid is a play on the grid trading theme which I’ve talked about before on forexop. Here we place our buy/sell legs at the same price levels.

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What is grid trading? The basic idea is very straightforward. Instead of placing one trade, we place multiple trades forming a grid pattern.

Forex trading: risk reward and money management

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A poor understanding of risk and money management means novice traders frequently experience severe losses and sometimes a complete loss of their capital.

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Day traders should understand that news of the day greatly affects both pricing and volume, and should be used when setting up daily strategies and when pulling the trigger – both in buying and selling.