Forex, or the foreign exchange market, is where trillions of dollars change hands daily through currency transactions. Successful trading in this dynamic market requires not only theoretical knowledge ...

One of the most important elements of profitable forex trading consists of prudent money management. While it may not sound glamorous, knowing about forex position sizing could save you considerable ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in ...

They decide to risk a certain amount of money on each trade, but when they open MetaTrader or another platform they are not sure what lot size matches that risk. Guesswork follows, and suddenly a ...