Odds And Ends

Many new traders think that a good entry into the markets is the key to success. Unfortunately, most are wrong. A risk to reward ratio compares the potential for reward with the potential for loss.

Risk is calculated by counting the pips between the forecasted entry price and the forecasted price at which you want to exit the market in case of a losing trade. A trader must view each trade as a business transaction.  Read more... (557 words, estimated 2:14 mins reading time)