Trading help, book reviews, risk management, and interviews.

Disclaimer

The contents of this blog do not constitute investment advice. Trading CFDs and Forex can be very risky and you can lose much more than your initial deposit. Seek professional advice before making any trades.

Archive for November, 2009

Always have a stop, and ideally a limit

Always have a stop, and ideally a limit

When trading financial derivatives such as forex, CFDs should you always use a stop? Short answer: Yes! Long answer: Yes you should always have a stop in place – even if you think you really don’t need one. Note that I’m only referring to financial derivatives such as forex and CFDs where you trade on margin. If you are trading or [...]

Implementing an assert in MetaTrader MQL4

MQL4 is a very useful programming language for creating expert advisors to automatically trade FOREX. However the language does have many omissions which you will soon notice if you are used to programming a more complete language such as Java or C++. One of the big omissions is that there is no built in way to do an ‘assert’ when running [...]