Do You Have a Forex Trade Management Strategy?

You constantly hear about the importance of consistency in your trading approach. An “approach” encompasses a lot of different things, but one of the very key elements in your approach is consistency is how you manage your trade positions. Are you, indeed consistent? Or do you tend to flip around from one way to another? How do you handle news events? Do you know how different trade management strategies compare to one another?

In today’s video, I’ll go over some of the questions surrounding forex trade management that you should be able to answer. If you can’t, then you need to spend some time on this. It’s really that important.