Tag: successful

Keyword – Successful

Do you want to be successful in life? It does not matter if you are still striving to make it big or already high up, success holds a very important place in everyone’s life. The way to success is not easy but it’s rewarding. Here, you’ll find the strategies and techniques you need in order to make the right moves and reach your goals. Learn how to set up realistic goals, develop the necessary skills, become confident, and make the most of the resources available to propel your journey to success. Make success a priority and never give up.

Categories: Formula

4%+Rule+Formula: Key to Successful Forex Trading

by Simon CristianSeptember 17, 2023

The 4% rule is one of the most renowned formulae in Forex trading. It can be applied in any type of trading – from short-term Forex trades, to long-term investments. This rule states that a trader should never risk more than 4% of their account balance on any single position. By using the 4% rule, a trader can manage their risk exposure and set a limit to the drawdown of their account. This simple, yet effective method can be used by both novice and experienced traders alike, as it encourages consistent risk management and profitable trading.

Categories: Formula

Required Return Formula for successful Forex Trading

by Matthew M. LockettSeptember 10, 2023

A ‘Required Return Formula’ is a popular tool used by forex traders to calculate the realistic profit or loss they may make on a currency trade. This formula takes into account the trade details including risk and liquidity considerations, and current market conditions. In simple terms, it is a calculation of the expected return for a given currency pair, based on factors such as expected volatility, recency of pricing of the pair, and other relevant information. By understanding the Required Return Formula, traders can make more informed decisions and better allocate risk on their forex trades.