Putting on a profitable trade isn’t that hard. With a 50/50 chance of being right, the initial odds of coming out ahead are quite favorable. What is difficult, however, is holding onto those profits. How many times have you had a big winning trade only to give all your profits right back on the next one? Sometimes, the losses you incur on the very next trade exceed the gains from the previous one. It’s time to end this boom and bust cycle. If you want to build your account and become a consistently profitable Forex trader, you have to learn how to protect your profits. That’s where today’s post comes in. By the time ... (full story)