Whether you trade manually or through an automated forex trading strategy, traders place too much emphasis on each individual trade. They simply expect too much on that individual trade and as a result, they risk a significant amount of their capital on one trade. To bring more consistent results, incorporate into your manual strategy or your automated strategya trade size element so the trading plan includes not only what your buy and sell rules are, but what trade size you are going to place. We discuss in our DailyFX EDU courses risking less than 5% of your capital on all open trades. If you are going to have 5 ... (full story)