Hey Traders, in this idea we are going to break down step by step, how a professional trader calculates pip value, risk and trade size. The focus of this lesson is aimed towards helping you get an idea of how you can create your own risk management plan in order to remain consistently profitable over a long period of time. You can have the best strategy in the...
Tonight we did a live stream on YouTube offering an in-depth explanation of correlation trading. You can watch the stream back in its entirety here www.youtube.com
Below will be a written explanation of correlation trading utilizing the AUDJPY vs. NZDJPY as the example:
Correlation trading is an amazing way to add diversification to your trading portfolio and in...