One of the most important elements of profitable forex trading consists of prudent money management. While it may not sound glamorous, knowing about forex position sizing could save you considerable ...

Forex, or the foreign exchange market, is where trillions of dollars change hands daily through currency transactions. Successful trading in this dynamic market requires not only theoretical knowledge ...

Pips are the units of price movement in forex trading. Understanding their value and calculating potential profits or losses in pips is essential for creating an effective trading strategy. This guide ...

Pip is one word you’ll definitely hear in any conversation about forex trading. One of the first subjects you’ll learn in most forex trading courses is just what a pip is and how to calculate pips in ...

Let’s talk about something that doesn’t sound flashy but will make or break your trading account: position sizing. If you’re a prop trader, this is even more important. Prop firms have strict daily ...

Selwyn Gishen contributes to Investopedia and Forex Journal and has written a trading guide for Trade Station. He is the CEO of ProGro Group. Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in ...

Risk management is a crucial concept every successful investor should champion. And it all starts with correct position sizing. Position sizing is vital to managing risk and avoiding the destruction ...