Forex money management tutorial

This class is about money management. It is very important this is utilized if you are going to be a forex trader. Forex obviously stands for foreign exchange market.

My position on eur/usd

Eur/Usd Long
Entry: 1,2950
TP: 1,2965
Exit: C of the same bar if target isn’t hit
result for yesterday: +15 pips

Legal disclaimer and risk disclosure
The forex forecast and advices generated are based on my trading analysis and are given for the traders to use as additional inputs in their decision-making and trading and I should not be held responsible [...]

Link to whole IBM report

If you want to read more on this topic please refer to the following link: link

Currency trading is not the monopoly of the nerds and the geeks

The general perception is that any and every person who is involved in the business of trading of currency or foreign exchange is a person who has a super high IQ. To hear words and phrases like liquidity ratio, central bank intervention and inflationary demand makes us feel as if we are back in theboring [...]

Neuroforex trading position for 25.12.2006

Position: not trading
Forecasted C price for monday: not trading

Legal disclaimer and risk disclosure
The forex forecast and advices generated are based on my trading analysis and are given for the traders to use as additional inputs in their decision-making and trading and I should not be held responsible for any loss incurred by the subscriber. The [...]

For those of you who are skeptical about NN

Abstract from an article I recommend: This paper reports empirical evidence that a neural networks model is applicable to the statistically reliable prediction of foreign exchange rates. Time series data and technical indicators such as moving average, are fed to neural nets to capture the underlying “rules” of the movement in currency exchange rates.

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