A managed forex account is a trading account whereby the owner of the account deposits funds and allows an account manager the right to trade on the owner’s behalf. While the goal for having an … [Read more...]
As its name implies, the contrarian approach to trading involves establishing positions that are contrary to the present market sentiment. This particular trading strategy is often initiated at times … [Read more...]
A drawdown is a contraction in the value of a portfolio. There are several types of equity drawdowns including a maximum drawdown and a period drawdown. To identify a maximum trading drawdown, … [Read more...]
Many of the technical analysis techniques commonly used by modern day forex traders had their origins in the early part of the last century, and a leading contributor to technical analysis theory was … [Read more...]
Currency futures were first introduced by New York-based International Commercial Exchange in 1970, but it virtually had no practical use due to the fixed currency rate environment governed by the … [Read more...]