Many traders in Nigeria focus on entries, yet the biggest determinant of survival is position size. Drawdowns rarely come from one bad idea alone. They come from a series of trades where exposure was ...
Forex, or the foreign exchange market, is where trillions of dollars change hands daily through currency transactions. Successful trading in this dynamic market requires not only theoretical knowledge ...
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 ...
Traders start with excitement about forex or indices, then discover that even a good strategy can fail if position sizes are random. A clear framework for deciding how much to risk on each trade is ...
Manish Sahajwani is an entrepreneur and financial educator with 17+ years of experience. He is also the founder four business. Amanda Bellucco-Chatham is an editor, writer, and fact-checker with years ...
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 ...