One of the secrets to trading Forex successfully is to strictly follow an effective money management strategy. For many Forex traders that means using stop losses. Unfortunately, those very same stop losses are often responsible for the failure of most day traders, especially when stop losses are tightly set. There is nothing more frustrating than having a stop loss close a trade that would have gone on to be profitable.
Buy and Hold for Currency Traders
Trading the currency market is much like trading stocks. Continue reading Forex Trading Secrets – No Stop Loss Strategies