Drawdown is a usual process during trading that you can avoid if only you find the perfect entry point. As you know, it is almost impossible. That's why professionals easily overcome drawdowns by determining the max drawdown they can allow and building their trading strategy that helps to enter the market near the optimal entry points.
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Four steps to get profit in Forex consistently
12:20 PM
Apr 22, 2021
6387
Beginner traders get crazy when they find out how profitable Forex trading is. Of course, various traders use different strategies, but profit in Forex trading is the primary motivation for newcomers. So if Forex trading is so profitable, how can you increase your profits?
Smart Position Sizing Without Growth of Risks
7:36 AM
Sep 4, 2020
7912
The best position sizing strategy varies for every trader, depending on risk management, experience, and trading style. Many traders, especially beginners, usually choose their position size randomly. In any case, it should be a maximum of a few percent of your deposit, as this will prevent the loss of money in a couple of trades. Actually, exact position sizing is beneficial, and it's easy to diversify the risks.
The Secret of the Right Trading Mindset
10:42 AM
Mar 25, 2020
9838
Sometimes the secret to success lies in the most unexpected things. Profit doesn’t come to traders thanks to a mathematical mindset or luck. It all starts with the right thinking. If you want to achieve something in life, whether it is a success on Forex or anything else, then you need to look inside yourself and tune in the right way.
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