What’s the hardest part of Forex trading? It’s not finding trades, that part is easy.
The hardest part is entering and managing your trades.
Anybody can find a trade, but only real traders can enter at the right time, exit at the right time, and set a smart stop to protect against losses.
- Where and when do I enter this trade?
- Where is the smartest place to set my stop?
- Where is the smartest place to set my target?
Answering these questions correctly is the difference between winning a trade and losing a trade.
Smart Entries, Stops & Targets
In day two of the mastering Forex webinar series I show you how to manage trades by using smart entries, stops, and targets.
It doesn’t matter what strategy or system you are trading, you need to know how to manage your trades the smart way.