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By editorx2, on May 16th, 2010
Many people not only ask me why I trade Forex, but why in my right mind would I let an automaton risk my money? I say, why not? There are several key advantages to letting a FOREX robot, also known as an “expert adviser”, make all of your trading automatic and profitable. Just like the kid on the bike says, “Look ma no hands!” . . . → Read More: Why I Let a Robot Trade Forex for Me?
By Maclin Vestor, on August 31st, 2009
Many good trading systems use multiple exit strategies. In normal trading system, you need to know when to exit from a gain, and when to exit from a loss. Generally you want to be cutting your profits short, and letting your profits run. At a minimum, you generally want nearly a 3:1 gain to loss. This means you should take profits at 3 times the percentage amount as you cut your losses short. We will use this system and do the following . . . → Read More: Trading System Exit Strategy
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