Pro
traders calculate their risk first and then their reward, if the risk reward ratio of a trade doesn't make sense then they don't trade.
Not exact matches
I religiously read Abnormal Returns as the principal gateway to news, Bespoke Investment Group for top notch research and charts, Charles Kirk for both links and a
trader perspective, and
Calculated Risk for comprehensive coverage of economic news.
Trend
traders are profitable long term because they thrive on taking
calculated risks and collecting their rewards.
The
trader has fully accepted financially and emotionally that trading in the forex market involves
risk and that he or she can only attempt to
calculate this
risk without any complete assurance that there will not be a loss.
Since you can trade various numbers of lots per pip, your actual
risk is not
calculated in pips, but in dollars, many
traders make this mistake.
The first thing that all
traders should do upon spotting a price action setup, or any trade setup, is
calculate the
risk they will have to take on in order to give the setup a realistic chance at working out.
While it sounds simple, most
traders do not take
calculated risks; they try to trade systems... something
risk management does not lend itself to.
Perform
risk analysis on market data from brokers,
traders, counterparties, and vendors to reconcile and verify potential suspect market values as well as providing valuation analysis to
calculate the Net Asset Valuations.