Fund management to continuously increase FX account funds [Currency Demon]
The "USD/JPY" quote reached 110 yen in October 2014, and then fell by about 5 yen within the following two weeks. At this point, it is unclear whether this is a temporary adjustment or the start of a downtrend. However, after the swift rise of about 9 yen in the USD/JPY move and the subsequent 5 yen plunge, it seems that a number of traders significantly reduced their funds.
What was wrong with their trading behavior? Such large fluctuations with wide price swings will likely occur many times in the future as well. How should one respond during rapid rises and falls? In this article, we will discuss "fund management" as a means to continuously grow account funds.
Table of Contents
1. Looking back at the rapid rise and fall
2. Their astonishing strategies
3. The two basics of fund management
4. Those who do not cut losses have no right to trade
5. Also remember that fund management alone cannot guarantee winning
● Word count: 2740 characters (including headings)
● Images: 4
※This article is a re-edited version of FX攻略.com January 2015 issue
