Late last year, I asked a reasonably established trader friend if he would take 60% return per annum on equity with low risk strategies (aka close to no equity loss for the year). He was reluctant as he spiraled towards 5 to 10% return on any single trade, perhaps even 20% on a good day. His risk factor would be […]
Should a forex trader specialize in a limited number of strategies and apply them across a multitude of forex pairs? Or limit the forex pairs but beef up the number of strategies he can wield to trade any market condition? The former means one can find the highest probability trades from a plethora of forex pairs, whilst the latter means one can always trade optimally […]