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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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?
There is a lot of talk around the leverage in the Forex community. Some think it’s their salvation, others believe it might ruin you. Both opinions are right because high leverage can bring you both huge profits and losses. Today we will consider in detail how this tool works, what risks it carries, and how to control them.
Not all traders prefer conservative trading. More and more market participants are turning to aggressive strategies and Expert Advisors, such as martingale. They involve huge risks but if you follow a few rules you can get a fairly stable profit.
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