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ForeCastle

  1. The Definitive Guide to Scalping, Part8: Risk Management

    by , 10-19-2014 at 11:35 PM
    Talking Points

    • Risk management should be considered prior to entering into a trade
    • Never risk more that 1% of your balance on any single trade idea
    • Stop trading if losses amount to more than 5% in one trading day


    The final lesson scalpers must learn is probably the most important, risk management. The decision on how to manage risk can have a great impact on the bottom line of your account than deciding where your entry orders should go or even what time frame ...
  2. How to Measure Volatility or How to Use ATR indicator

    by , 09-13-2014 at 10:53 PM
    Talking Points:

    • Volatility is the measurement of price variations over a specified period of time.
    • Traders can approach low-volatility markets with two different approaches.
    • We discuss the Average True Range indicator as a measurement of volatility.

    Technical Analysis can bring a significant amount of value to a trader.

    While no indicator or set of indicators will perfectly predict the future, traders can use historical price movements to get an idea ...