Category: Forex Basics

12 Ways to Avoid Premature Stop-Loss Triggers

Beginners avoid placing a stop-loss order because of the difficulty in striking a balance between two conflicting criteria – avoiding unnecessary triggers and preventing wider losses. If the stop-loss price is too close then there will be frequent losses with exits from even good entries. On the other hand, a stop-loss order far away from the entry point will result in rare but wider losses. The ideal stop-loss order should be the one, which would not cause a premature exit because of spikes but provides an early exit in case of a trend reversal.

I would suggest using the following tested methods to avoid premature stop-loss triggers:

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Location! Location! Location!

Location! Location! Location!

Two seemingly unrelated economies are Singapore and Denmark. However, their currencies have been linked by a solidly negative trend. It is important to discover whether or not any direct economic link exists. If not, a trading opportunity exists. The purpose of Monetary Authority of Singapore is to ‘promote sustained non-inflationary economic growth and a sound [&hellip

QE: Who got it right, Krugman or the Gold bugs? – Market Movers #41

QE: Who got it right, Krugman or the Gold bugs? – Market Movers #41

This episode of Market movers is dedicated to Quantitative Easing (QE). This happens as the “QE baton” is passed from the Federeal Reserve to the ECB. These banks are not alone. We define and explain it, review the main uses, the benefits and the secondary effects. Does it really work? Will central banks know how to unwind [&hellip

Zero Gravity

Zero Gravity

I remember taking off a t-shirt and throwing it across the room in anger and frustration in 2009. It seems quite funny now! Thinking about trading I can see why many people fail. If you were born into a regular home with a regular upbringing then believe it or not you are at a disadvantage. [&hellip

Yellen & the hike, AUD & CAD rate previews, Jobless claims vs. USD & Greek back burner – Market Movers #39

Yellen & the hike, AUD & CAD rate previews, Jobless claims vs. USD & Greek back burner – Market Movers #39

A packed show awaits you, our listeners, in which we cover a wide variety of market moving events, covering commodities, the next moves in the dollar, euro and pound as well as a time for pausing and reflecting on trading strategies. Tune in. Welcome to a new episode of Market Movers, presented by Lior Cohen of [&hellip

Questions for traders, State of Fed, Greek crisis, oil, gold and GBP – Market Movers #38

Questions for traders, State of Fed, Greek crisis, oil, gold and GBP – Market Movers #38

A packed show awaits you, our listeners, in which we cover a wide variety of market moving events, covering commodities, the next moves in the dollar, euro and pound as well as a time for pausing and reflecting on trading strategies. Tune in. Welcome to a new episode of Market Movers, presented by Lior Cohen of [&hellip

History of Currency – From the 1970s onwards

History of Currency – From the 1970s onwards

For as long as there has been trade, there has been a need for currencies. We say that money introduces liquidity to commerce, because it allows goods to circulate, and wealth to flow. A shoemaker can swap his shoes for bread one day of the year, for example, but the baker does not need 365 [&hellip

Interview with Dan Blystone, update on Greece – Market Movers #37

Interview with Dan Blystone, update on Greece – Market Movers #37

In this week’s episode we have the honor to speak to Dan Blystone of traderslog.com. We discuss a wide variety of topics with Blystone, ranging from current market conditions to technical patterns and lots more. In addition, we provide an update on Greece. Welcome to a new episode of Market Movers, presented by Lior Cohen of Trading NRG and Yohay [&hellip

Fxstreetoption.com is NOT related to FXStreet – Update: site removed

Fxstreetoption.com is NOT related to FXStreet – Update: site removed

A website called FXstreetoption  has nothing to do with FXStreet.com. Evidence is mounting regarding the malpractices of the firm and the abuse of FXStreet’s reputation, Update February 5th: And it seems we have a happy end: the site has been removed from the web. More details here. Here is more information from FXStreet’s publication: A website called [&hellip

The Better You’re Doing the Bigger You Can Play

The Better You’re Doing the Bigger You Can Play

Some traders are able to turn small amounts of money into very large amounts. It might be tempting to believe that this is because of risky trading practices and sometimes it can be. If you take large positions compared to your account size you could get lucky. If you are willing to take big risks, [&hellip