The most important structural part of a house is usually unseen. If the foundation of a house is cracked, not level, or deteriorating, the home is no longer safe. The family living inside is at danger and the first priority of the owner should be to get the foundation fixed.
Many have a vague plan for Investing, but do not have a solid, non-negotiable trading system in place. Your trading system covers everything from your tools and entry strategy to your risk management. It answers every question before it needs to be asked.
In Forex trading, the market can be brutal. It is commonly stated that 95 or more percent of traders lose in the Forex Market which speaks to the difficulty of trading it. That is why it is essential to build a personal and successful Forex Trading System.
There are many aspects to a successful system, but today I want to focus the importance of Trade Management.
Before I jump into the details, though, I want to hit on the importance of a good entry strategy so that you have something to use your Trade Management with. Continue reading "Do you have a Forex trading plan?"

We’ve asked Michael Seery of