I was taught at a very early age by my father that "having the money to purchase something and being able to afford it are two completely different things". I had no idea that a lesson in my childhood ...

One of the most important elements of profitable forex trading consists of prudent money management. While it may not sound glamorous, knowing about forex position sizing could save you considerable ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in ...

The inclusion of dynamic positioning systems has become a standard and necessary system on supply boats and many crew/supply vessels. In their simplest form, dynamic positioning systems allow an ...

Risk management is a crucial concept every successful investor should champion. And it all starts with correct position sizing. Position sizing is vital to managing risk and avoiding the destruction ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Chip Stapleton is a Series 7 and Series ...

If the dynamic positioning (DP) system went down on an offshore supply vessel, it could result in a collision. On a dive support vessel, it could result in injury or death for a diver. On a drilling ...