Everyone thinks about profits but loss is the flip side of this coin. Risk-management is an integral part of Forex trading and it needs to be as consistent as any trading strategy is. How to make sure your trade is secure even if you have just started? This is what this webinar is dedicated to.
What to do before you open a trade
It's easy to open a trading position. But it's not always easy to do it the right way. In this webinar, we list basic steps that need to precede any transaction in Forex to make it maximum efficient.
- See what's moving
- See what's coming
- See how you can use it
It is easy to see profits coming but it is not easy to do the same with losses. In the meantime, it is essential to “plan for losses” to minimize them and eventually tilt the table in favor of your profits. That is called risk management: what cannot be avoided needs to be managed well.
Is position trading more or less profitable than scalping? How does it compare to other trading strategies? Are there various approaches within position trading? These are the questions which we will answer in this webinar.
Check the performance of the market for Friday
Donald Trump was impeached by the US House because of his role in a riot by his supporters that left five dead. The trial that should follow after Trump stops being President should draw much attention.
WTI oil price doesn't seem to care much about what's happening in the US Capitol. Why should it, right? Anyway, the USD is trembling - see the market update.