Understand exactly what position sizing is and use it. Stop loss is not your only device for lessening threat. By readjusting your position size you can use it to strike a practical stop loss distance as well. Take a while to find out the distinctions between stop loss and position sizing.
Fox NewsUPDATE 2-MIDEAST STOCKS-Saudi Arabia rises after royal reshuffleReuters... lifted the benchmark above major technical resistance in the 9,572-9,745 point area, where the 200-day average roughly coincides with the March peak. Heavyweight petrochemicals firm Saudi Basic Industries jumped 2.3 percent and was the main support.MIDEAST STOCKS-Saudi market may be cautious after royal reshuffleYahoo! Maktoob Newsall 299 news articles »...UPDATE 2-MIDEAST STOCKS-Saudi Arabia rises after royal reshuffle - Reuters
A trader's total method on the currency market should fit his/her way of living - that is, how much time he or she trades. Traders who enjoy the market simply a couple of hours a day gravitate naturally to conservative approaches. Traders who spend more time following task carefully can use more aggressive, small-margin techniques.
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