Trading Plan And Strategy

Forex Profit Taking is no science. By that, you can't expect it to work with 100% accuracy all the time. Even so, you'll need these guidelines to wrap your head about how to profit-taking works.

Scalping trading style is so popular because it can "instantly" score a profit each time you open a position. With that try-hard method in mind, a sound strategy is a must!

Intraday forex trading promises quick and steady returns on daily basis, that alone lures many beginners to try it. Do you have what it takes to actually profit from it?

Foreign currency trading is highly volatile with frequent often dizzying price swings. Volatile markets provide more opportunities to execute excellent and lucrative trades.

Compared to Martingale, traders sometimes consider Anti-Martingale strategy as the better one. Contrary to Martingale that doubles a position size every time he loses. Anti-Martingale means trader cut his losing trades and double the bet only if he wins a trade.

Martingale strategy was derived from gambling practices where a gambler doubles his bet every time he loses. Similar method can also be used in forex trading.

Swing trading is more popular among institutional traders instead of retails, and although there are many who uses it among retail traders, it is commonly used by traders with considerably large amount of funds. What is swing trading actually?

Breakout trading strategy refers to the strategy of opening long positions after price breaks out of resistance or opening short positions after price breaks out of support level.

Stop Loss and Hedging are methods to limit losses in forex trading. Do you know that hedging can actually be used as an alternative to Stop Loss?

As we all know, forex market closes in the weekends, and opens again in Monday. On the other hand, factors that influence currency exchange rates continue to go on. Therefore, it is very possible that when market opens in the beginning of the week, gaps appear.