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Forex guides and trading education
Written explanations of forex mechanics, risk management and automated trading. Every figure on an article comes from a recorded row; hypothetical numbers are labelled as hypothetical.
Published articles
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Backtesting, Forward Testing, and Why the Two Answers Differ
A backtest and a forward test usually disagree, and the gap between them is information rather than an annoyance. What each can honestly tell you, how over-opti…
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Before You Buy an Expert Advisor, Ask These Questions
An Expert Advisor is software that applies rules without hesitating, which is useful and dangerous in the same breath. Thirteen questions worth asking of any au…
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Drawdown Is Not Symmetrical: Why Recovering a Loss Costs More
Losing ten percent takes one trade; recovering it takes an eleven and a half percent gain. The mathematics of recovery, why deep drawdowns change behaviour, and…
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Position Sizing: Working Backwards From Your Stop
Most accounts do not fail because of a bad entry; they fail because the lot size made an ordinary losing trade expensive. The method here fixes the money you ar…
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Reading a Candlestick Chart Without the Noise
A candlestick is a compressed summary of four prices, and it is easy to give it more meaning than it carries. What the body and the wick actually record, how ti…
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How Forex Prices Are Quoted, and Why the Decimals Matter
A currency price is not a single number, and most avoidable mistakes on a chart come from reading it as one. This covers base and quote currency, bid and ask, t…