No discussion of trading system evaluation would be complete without a discussion of drawdown. We must always look at the maximum drawdown of any trading system as it is very, very important.
Is The FOREX The Market To Trade Your Way to Riches?
Ever watch the news and see the ending FOREX trades of the currency markets? They’re usually based on how individual currencies traded against the dollar. FOREX is the abbreviation for the Foreign Exchange market. FOREX is a market where the value of individual currencies from all over the world are traded. The currency market today began in the 1970s as currencies that were historically tied to the gold standard, or the price of gold, were decoupled and allowed to float.