Incorporating Risk Management in Mechanical Systems

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For some traders, the idea of having to think about risk management for every single trade can be tedious. This is why some traders opt to incorporate risk management rules in mechanical trading systems, which can automatically calculate stop losses and position sizes. Mechanical trading systems have gained in popularity, as these can be capable … Continue reading Incorporating Risk Management in Mechanical Systems

Avoiding Forex Scams

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With the growth in popularity of mechanical trading systems and algorithmic or “black box” trading, there have also been one too many instances of forex scams offered by firms claiming to give signal services. Of course this is not to assume that forex signal services are automatically scams, but proper caution must be exercised in … Continue reading Avoiding Forex Scams