Advertising of "quick earnings" and "income without investments" has not seduced thinking people for a long time, and the very word "Forex" causes a skeptical grin among many. The reason for this attitude is the huge number of failures that inexperienced traders experience with sad regularity. We will prove that Forex trading can be a profitable business - but only under several conditions. Which ones? AssetShot Forex experts will talk about this in the article. assetshot forex broker
Choosing a position size is the part of your trading approach that tells you "how much". It's not attractive. It does not give you the impression of your control over the market, as the entry methods do. It simply tells you what you risk in a given trade. You have already learned from the balloon game that many people lose 60% of their money in the system just because of a bad choice of position size. And the wide variation of results in this game depends entirely on how much they are at risk. And all this can become your best helper in the market. So why the competent choice of position size is such a problem? Problem 1: Gambler's error. How can you lose 60% of your money in the system at one-to-one bets? In a 60% system, you probably won seven or eight consecutive losses over 1,000 attempts. Bu...
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