One of the most important elements of profitable forex trading consists of prudent money management. While it may not sound glamorous, knowing about forex position sizing could save you considerable ...

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What is a Lot in Forex? In forex trading, a lot refers to a standardized unit of measurement for the transaction size of a particular currency pair. Lot size is generally expressed in terms of the ...

Instead of letting fear or greed take control, smart position sizing keeps risk manageable, allowing decisions to be guided by logic rather than emotions. By managing position sizes effectively, ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in ...

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Trading foreign currency can be rewarding. At the same time, it can be confusing, especially for beginners. You must be familiar with different terms and concepts. Among others, one thing you should ...