Strategize and map out your trades so you don’t get lost in the market As obvious as the concept of planning your trades beforehand sounds, the reality is that many traders don’t. With some strategies, momentum and/or the alignment of combinations of positive indicators dictate whether a trade should be entered or exited. However, the […]
Achieving the ideal setup to conquer the market You’ve set up your trading room or office and crafted a powerful strategy you can rely on. Next, you went out and set yourself up with a live trading account. Now, it’s time to take money from the market. But before you dive in head first, ask […]
The Winning Mindset. Anyone can learn how to trade. The technical trading know-how of the craft is readily available through online courses, tutors and mentors. But this is only half of the trading equation. The other half, the part that can’t be taught to just anyone, is the trader’s mental game. Technically proficient traders who […]
Which one are you? Zoomed in, we all have unique trading personalities. Our emotions, skills, and knowledge come together to create a unique personality that requires a carefully crafted trading plan and strategy to succeed. But zoom out a bit and we start to fall into archetypes. Our behaviors look more and more similar and […]
Why stop losses are your best bet against runaway losses We’ve said it before and we’ll say it again: a successful trading career is built around effectively managing risk. Traders who don’t take the proper precautions and who don’t plan for negative outcomes will quickly find themselves in situations which they’re unable to manage and […]
How to avoid a false sense of security when it comes to winning it big Having a trade that is very successful isn’t always all it’s cracked up to be. The downside to hitting it big every so often, is that it often puts you in a euphoric state of mind. This joy and confidence, […]
How the big money players manipulate the market Institutional or big money traders are playing a different game than your average trader. Even though the playing field is technically the same, institutional traders have different tools at their disposable and a different way to play the game. It’s very important for any trader to understand […]
The three best (and worst) times to trade forex The forex market is wide and offers great opportunities to anyone with a solid trading strategy and plan. Where and when you work is up to you and with a well disciplined approach, market success is attainable. But although the market offers much flexibility when it […]
The four types of stop loss methods available to forex traders In a perfect world, we’d all win and keep on winning. However, traders of all skill levels and experience will quickly tell you that such a utopia is not reality. The non fantasy market conditions we trade in are full of losses, and at […]
How to get right back into trading after a crash We’ve said it before and we’ll say it again – Trading is hard. In fact, trading as a profession is one of the hardest jobs out there. If you pooled together everyone who’s ever tried to make it and compared that number to those that […]
