Useful tips

Limit the risk

TIP: Limit the risk How often do you happen to open a position and it makes 10 or 15 pips in your direction and then returns to your stop? In fact, one of the first rules we need to learn is trying to limit the losses. There is nothing wrong with them. This is the cost to do business, but we can …

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Do the math

Rule Number 3:Do the math We often go into a position and then close it, looking for reasons not to be right. In fact, this is a normal defense response of our brain trying to protect us from loss. To calm down these impulses, we need to make a formula that we will apply to …

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