TradeLocker: How to use the Risk Management Calculator
Risk management is essential in trading as it helps protecting trader`s capital and ensures long-term success. By carefully controlling how much the trader is willing to risk on each trade, it aims to avoid emotional decisions and limit potential losses. Strong risk management strategy keeps the trading balanced and prevents significant setbacks from wiping out […]
TradeLocker: How to close and partially close a position
Closing a position on the TradeLocker platform could not be easier. TradeLocker also offer an option to partially close your trade. This allows you to reduce your position size while keeping the rest of the trade active. How to Close a position? To do so, move your cursor down to the Trades panel and choose […]
TradeLocker: How to close all positions
How to close all positions? To close all positions on TradeLocker, simply click the Close all button in the upper right corner of the Trades panel. A dropdown will appear, offering various closing options: you can choose to close Your P&L is updated in real-time, so you can close trades at the optimal moment. Once you select […]
Introduction to Support and Resistance
Support and resistance are fundamental concepts in technical analysis, representing critical areas where supply and demand dynamics can influence price movements. When plotted on a chart, these levels become clearer and offer traders valuable insights into potential price behavior. Understanding how price reacts at these levels helps traders anticipate market movements, although it’s important to […]
Market structure analysis
In this article, we will explore a detailed technical analysis of a price chart, focusing on key points where significant price movements occur. By examining higher highs, lower lows, support and resistance levels, and candlestick patterns, we gain valuable insights into market trends and potential reversals. Understanding these elements helps traders make informed decisions, manage […]
Trend Lines and Channels
Trend lines and channels are indispensable tools for traders seeking to understand market direction, confirm reversals, and predict price targets. These tools allow traders to visually assess the market’s strength and spot key support and resistance areas, making them highly valuable for both novice and experienced traders. Trend Lines: A Foundation for Price Movement Trend […]
