Do you know that’s an entirely valid question but one I never thought I’d see. There are obviously no bounds to my naivety… I seriously thought as traders we were all on the same page. I just assumed that every one had a similar belief structure as me about Trading Psychology. I say similar because […]
There is a famous saying in the UK… “The Trend is your friend until the bend at the end!” And of course, there is a good reason for that. Your stress levels are so much lower when you are trading in the same direction as the trend. When you identify the Forex trend and trade […]
You see your signal, you know the one. The one you have been telling anyone who will listen, to take. Then you don’t pull the trigger yourself. But sit on the sidelines as everyone else makes money. Annoying isn’t it. That was your trade, you specifically told other traders about this trade. You nurtured it […]
The pros and cons more pros of stop loss orders, and the different ways to use them. Let’s face it. The market will always do what it wants to do and move the way it wants to move. Every day is a new challenge, and almost anything from global politics, major economic events, to central […]
As the market has behaved so well since my last blog, I thought it best to follow up the trade I placed. If you missed that blog go and take a quick peek here. For those that can’t be bothered, let me do a quick recap. Analysis Over Predictions In my experience very few people […]
Get yourself fixed and a strategy will find you… Seriously that’s How you find a forex strategy that works. And it works really well. It’s probably not what you wanted to hear but the truth rarely is. How it all begins is the same for the majority of us. It’s all about the money. We […]
The question really is “Do you suck at Analysis? or Do you suck at Predictions?” Because a lot of traders confuse the two. And there is a very big difference between Analysis and Predicting. And when you start to understand this, not only will your trading improve but you’re also going to be a lot […]
You really need to be investing your money into your future it’s a simple as that. It makes no sense what so ever not to… It is almost certainly the number 2 principle to success: Commitment, perseverance, determination and the drive to rise above your own procrastination… obviously number 1. But number 2 is definitely […]