This illustration explains the functionality of TradingView's Long/Short Position Tool and is intended to help new people looking for more information on this tool in a "novice friendly" format. TradingView’s position tool will aid you in pre-planning and pre-evaluating trades and as such should be an essential part of every trader's toolkit . Note: At its...
Here we look at 3 traders, all claiming to have a winning trade with 100 pips - however, with very different % gains on their accounts. The main part of trading is profitability, you can not pay your bills with pips. This explains what you need to focus on and be aware of! Hope it helps, Regards Darren
How often are you looking inside?
This video explains how to effectively trade plan to limit your risk and to maximize your gains. When it comes to Risk Management and Trade Planning, it's important to maintain a clear mind about the possibility of the asset your assessing going in either bullish or bearish direction. Furthermore, this video explains some ideas on how and where to place stop...
Introduction: This illustration explains the minimum Risk-To-Reward ratio needed based on your average win-rate while using a fixed % risk amount. "Risk-To-Reward ratio": The ratio of what you stand to lose compared to win. "Fixed % Risk": A static % amount of your total account balance at risk per trade. "Fixed Dollar Risk": A static $ amount at risk per...
If you like my ideas and the work I do, please check out the links in the signature and give me a like ;). As I tend to get a lot of questions about this topic, most traders don’t seem to understand basic risk management in trading! From my experience capital protection and risk management are probably the most important part of any trader's skillset. So that is...
Today we are comparing fixed equity percentage vs. fixed dollar amount to show how fixed % has an edge. The chart above should mostly be self-explanatory. The only real note here is that while the difference can be slight in the short term, and while static dollar amount does have an advantage in some instances, over the long term the data suggests the % based...
In this example I'm gonna show you how important is the entry point. With same levels for stop-loss and take profit, one position will give you the opportunity to earn 3 times more than the other. It doesn't mather if the position is a loss or a win, I just want to visualy show you the importance of the entry.
Every trader has got himself into a loosing trade. This is simply the part of this game. You will never be able to predict every move correctly. The biggest thing that separates a profitable trader from an unprofitable trader is actually not better technical analysis or more experience. The biggest factors in my opinion are trade management and risk management....
The two year has remained relatively flat since this week's open. However it did gap up significantly. Why is the 30 year falling (see linked article) while the two year remains consistent? Bonds of different maturities care about different things. In particular, the shorter end of the spectrum cares less about the long term effects of inflation and the...
This section is on seasonality and follows the prior section on carry trading conditions. I strongly recommend reading the prior parts for full value. This is (pt. 5) in chronological order. And yes, this will be on the test. ----------------------- You probably have someone in the immediate or extended family that considers herself (let's be honest) an...
As I promised, I publish the post about risk management. There are different types of risk management, but I will share one of the best in my opinion. When you trade futures you have no control over what is happening in the market, the only thing you can counteract is your stop orders and it depends on the volume of your position. Nothing more depends on you....
In this example I am showing you how important is RIsk Management in your trading system. You could be the most talented trader in the world with a natural eye for investment opportunities, and still blow your account with one bad call without proper risk management. No matter how good you are, or how experienced you are, you’re still going to incur losses. Even...
The most important part of trading is risk management. A correctly calibrated risk management system helps a great deal in reducing emotions and increasing returns . There are two elements that allow a trader to control the risk of his entry: the maximum risked amount of equity per entry and the stop loss. In the example above, we are assuming that we are about...
Vui lòng xem video, do mic bị hư nên không có tiếng, nhưng video đã rõ cách cấu hình, lưu lại template. Lưu ý số 3 là tỉ lệ RR=2, không được như bên MT4/MT5.
We've all been there.... - An alert on your phone draws your attention, "GBP USD up x%" - A news story comes out; in this case "Brexit Breakthrough" and before you know it the markets are going nuts. - You scramble on to the charts to take a look at the action and Holy Moly things are going UPPPPP!!! Naturally your eyes ignore all of the indicators on the chart,...