I hope all of you that are taking the Forex Nitty Gritty trading course are watching the daily Forex videos inside the members website. These short videos are full of important information. And the truth is, it is easier to digest and learn in these little bit size pieces.
The other day Todd did a video on proper lot size. If you do not know how to calculate proper lots size… stop trading right now! Go back and go over the money management videos in Forex Nitty Gritty. The go to the Maximum Lot Size calculator inside the members site and calculate the lot size you should be trading. Without proper money management… you are playing with fire.
On Friday, we saw the Forex markets make some big moves. Between news announcements and profit taking, there really were some spectacular moves. So, how will the market react today (Monday)? This is what Todd goes over in today’s video.
In my experience the markets are normally a little slower after big moves. This could be for two reasons. Traders might have lost a lot of money being on the wrong side of the market and are licking their wounds. Or, they made a lot of money and are being more cautious.
But Todd has some great advice as to where the market will go from here.
If you are not watching the Daily Forex Videos… you are really missing out!
