If you take the standard 2% of account as your margin and then you split that with multiple entries you get the situation where your risk is effectively doubled or the same, your losses are doubled and your winners dont do as well. I have experimented with this and rejected it as a course of...
I am currently experimenting with average market moves from my entry. After looking back at the last four months, from my entry the average move on the AUS/USD is 7 pips, I therefore take that every time the opportunity arises. I am now going to back test the other pairs. The main problem is...
Hi There
I am living in England and am learning to be a full-time Forex trader. I started in June 2012 and have just started to make a profit. I am particularly interested in exit strategies.... It is easy to open a trade but not as easy to maximise profit. All suggestions gratefully recieved.