The Holy Grail Of Trading-You!!
Wow, what a title. Not really short and punchy, but it does tell a story. The majority of people have been given a backwards view on risk which leads to the statement: “Let your losses run and cut your profits short!” Totally wrong I grant you but that’s what happens because we have not been […]
Since finding NLP I have discovered a passion for modeling successful people, particularly successful traders. Because on the face of it trading is very easy. Buy low and sell high. So why can so few people manage it successfully year on year? It particularly interested me because I for a long time was one of […]
Every trader has a fear that they must overcome in order to trade. Unfortunately for me, it seemed like I had all of those fears. Fortunately for you guys that means that I am in a great position to help you out. Because I did what most people fail to do, I journaled my journey. […]
OK, so it’s been a couple of weeks since my last post and that’s not because I’m work shy I can assure you. But I’ll get into that later on. What I really want to address today is Trading Anxiety and yes this really is a problem. For those of you that have suffered from […]
There has always been a long running battle between traders as to which method is best. System traders will tell you that their method is best, and the Discretionary traders will tell you that their method is better. So, who’s right and who’s wrong? Exactly… No one, it all depends on what suits you best. […]
If you’ve heard of Forex Back Testing but you’re unsure how to go about it. Then this guide is for you. Just like in any other business, experience is the key in order to be a successful Forex Trader. Time spent Developing a trading system, that will define the way how you approach trading, is […]
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 […]