Forex encyclopedia

Consistent profit: a PAMM Master earns a consistent profit regularly. Prefer a trader with consistently positive profit rather than a Master who manages to reach a high profit once. Minor risk rate: the higher risk you take, the higher yield you make. That is true but would you agree to entrust your investments to a trader with a really high risk? Age of account: consider the number of performance days of a pamm account. This index indicates consistency of a trader's performance and we can analyze it better. We have more data to analyze. Rate of return: this point is based on our requirement. When you want high rate of return, then risk also will be high. Choose low rate of return which is consistent with low risk and at same time with minor drawdown.
Popular article: Renko Trading System
This type of chart is applied in technical analysis, which renders movement of the price in the form of diagonal rows consisting from rectangles (bricks). Each new rectangle is always built to the right from the previous one and its location is higher or below the previous Renko rectangle. Mentioned upward or downward movement of price (for example, each 10 points) is marked by adding rectangle below (above) and to the right from the previous one. Upward movement is indicated by a transparent brick whereas downward movement (below previous value) – by a colored brick.
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