Leverage can make you profit fast but also can make you loss quickly. Professional forex trader, always know how to manage leverage. You shouldn’t take high leverage in your trading. If you are wrong, then the game will be over. Leverage will affect your result the minute you enter your position. Because of the spread [...]

Money management is very important if you are a trader, whether you are stock trader or forex trader. By using money management you can stay alive longer in the game. From the image above you can see the result of two trader. The first trader risk 5% of his money each trade. The second trader [...]