Very often after a trader develops or buys a trading strategy, they then look for ways toimprove it by minimizing the losses and increasing profit. The most important aspect of anytrading system is money management. A lot of traders and system developers pay little to noattention to money management, and usually a robot built without those principles in mindusually employs only two options: trading using a fixed lot and lot calculation based on thebalance.Based on experience from working in different financial markets, such system (calculation lotbased on the balance sheet) can greatly increase the chance of a loss. This same issue wasintroduced many years ago by Larry Richard Williams, who won the 1987 World CupChampionship of Trading from the Robbins Trading Company, where he made a profit of $1,100,000 (11,376<SMILE>id=863 alt=':Wacko:'</SMILE> in a 12 month..... Read more: http://www.scribd.com/doc/142294964/...ur-Forex-Robot
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Thread: Winter/End-of-Season Sales
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24-05-2013, 08:56 AM #1
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Winter/End-of-Season Sales
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