Is MSA suitable for forex trading?
Yes, you can use MSA for forex trading. Since forex is highly leveraged, position sizing and money management are particularly important for forex. Although there is no “forex” trading vehicle in MSA, the program can be used for forex by selecting “stocks” as the trading vehicle. Enter the trades in terms of the entry and exit prices. Set the percentage margin to the percentage you use for forex, such as 1%. The position size will be given in “shares.” To obtain the proper profit/loss results in the simulation, use the currency conversion data input field as the point (pip) value. This allows each trade to have its own point value.
