Adding Positions to Winning trades

Adding Positions to Winning trades

Adding Positions to Winning Trades This week, I thought I’d look at the principle of ‘Pyramiding’. What Is Pyramiding? Pyramiding involves gradually increasing your position size during a strong market trend, using unrealized gains rather than fresh...
Humorous forex trading blunders

Humorous forex trading blunders

Humorous forex trading blunders This week I thought I’d take a light-hearted look at some humorous forex trading blunders and ideas that often make traders chuckle (after the fact). 1. “Double Down… on a Losing Trade” Blunder: “It’s only...
Why would Trump want a weaker dollar?

Why would Trump want a weaker dollar?

Why would Trump want a weaker dollar? A weaker dollar can make domestic exports more competitive on the global market. When the dollar weakens, American goods and services become relatively cheaper for foreign buyers, which can boost export demand and help reduce...