Forex Trading Mistake # 4. Adding to a Losing Trade
Ever heard of “cost average investing”? Well it doesn’t really work in the forex market. Cost average- investing is when, let’s say, you buy something...
Forex Trading Mistake # 3: Moving Your Stops to a Worse Position
Imagine you are in the trade, you placed your stops, the market moves against you and you are about to get stopped out. What do...
Forex Trading Mistake#2: Trading Without Stops!
A “stop-loss” order is one of the most crucial orders there is in trading. It prevents you from losing more than you should if the...