Tuesday, October 14, 2014

Forex fundamentals


1 Standard lot = $100,000

1 Mini lot = 0.1 standard lot = $10,000

1 Nano lot = 0.01 standard lot = $1,000

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Always use Pending order.. and not market execution!

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Buy stop and sell stop v similar to market execution.. (Breakout strategy)


Key strategy for multiple timeframe in ANY instrument when I am doing trend trading

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