A manual trading system is one where the trading decision may be devised and delivered to you based on a computerized trading system, but you have to execute the trade yourself with your own hands. You can build your own manual system, or you can buy one

The main purpose in revising your trading plan is to address problems or drawbacks you did not see at first. This may include changing the currency you are trading, changing the timeframe on your charts, changing indicators, changing the time of day you a

Choosing a currency pair to trade and deciding on the currency pair’s direction are two things that constitute the lion’s share of what a trader has to do each day.

You should not put any money into trading Forex that you cannot afford to lose. That is the conventional wisdom, and we will dispute it a little later. Still, the probability of an unforeseen risk striking a blow to your Forex trade is very high.

A trading plan defines your financial goals and how you are going to trade to achieve them. It is all too easy to say “I am going to transform $10,000 into $250,000 in one year trading Forex” without having specific details about how what currencies to tr