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ForexPeaceArmy Sive Morten Daily, Gold.15.19. Forex Peace Army Founder Dmitri Chavkerov Advises Forex Traders to Trade with Consistent Amount of Money for Achieving Consistent Trade Results. 35 sell.20 gbpusd.64563.64696.00000 23:33.64442.00.00.00.
15, 2013 /PRNewswire/ Forex Peace Army President Dmitri Chavkerov advises traders to trade consistent amount of money in order to achieve consistent trading results. However, such scenario is highly unlikely in the real world. ForexPeaceArmy Sive Morten Daily, BTC/USD.22.19.
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In both cases, the geometric money management will work much better. This way each pip is equal to 5, so if you win, your account goes up by 550250, and if you lose, your account goes down by 550-250. ForexPeaceArmy Sive Morten Daily, Gold.18.19. North port, Fla., Oct. 30 buy.50 gbpusd.63934.63714.00000 09:58.63711.00.00 -0.79 -410. You need to trade with consistent amount of money, so that the monetary results of each trade are consistent. Most of the time, you will either have more losers than winners, or more winners than losers.
The second is called geometric money management, says Dmitri Chavkerov of Forex Peace Army. ForexPeaceArmy Sive Morten Daily, Gold.19.19. ForexPeaceArmy Sive Morten Daily, BTC/USD.17.19.
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