Comments on: 5 Ways to Master Forex Like a Pro http://www.daytrading.net/5-ways-to-master-forex-like-a-pro/ Learn How to DayTrade. Free Articles, Strategies, and Tips, to Trade Stock, Forex(fx), and E-mini's Fri, 04 Feb 2011 10:35:19 +0000 hourly 1 By: Rudolf from Forex Trading System Advisor http://www.daytrading.net/5-ways-to-master-forex-like-a-pro/comment-page-1/#comment-4081 Rudolf from Forex Trading System Advisor Thu, 20 Jan 2011 22:39:02 +0000 http://www.daytrading.net/?p=125#comment-4081 Excellent post. I'd like to add that money management is also extremely important when forex trading. Many new traders risk too much capital when they trade, which usually leads to a quickly depleted trading account. 10% of your trading account balance risked on open positions is usually a good rule of thumb. Excellent post. I’d like to add that money management is also extremely important when forex trading. Many new traders risk too much capital when they trade, which usually leads to a quickly depleted trading account.

10% of your trading account balance risked on open positions is usually a good rule of thumb.

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