How to Create a Trading Plan
The importance of a trading plan can’t be overstated, but yet the number of traders who don’t have one far outnumbers traders who do have a plan. Without a comprehensive plan of attack it is easy to get off course....
What is a Drawdown in Trading and How to Handle It
In this lesson, we discussed the unavoidable and avoidable drawdowns that traders go through. Losing is part of trading, and there will be plenty of losing periods over the course of a career, but how you manage them can be...
Forex Trading for beginners: What is Forex trading?
What is Forex trading? Forex trading is a term used to describe individuals that are engaged in the active exchange of foreign currencies, often for the purpose of financial benefit or gain. That can take on the form of speculators,...