Accept Losses and Become a Consistent Trader

IC Markets No Comments Tags: , , , , , , ,

Learn to take losses. The most important thing in making money is not letting your losses get out of hand – Marty Schwartz Accepting loss to gain trading consistency is an interesting paradox. Every good trader endures loss. The difference between a successful trader and failure is understanding how to handle loss. Whether we choose … Continue reading Accept Losses and Become a Consistent Trader

Bank of England Preview

IC Markets No Comments Tags: , , ,

Release date: Thursday 30th January at 12.00pm GMT/07.00AM EST BoE Monetary Policy Report MPC Official Bank Rate Votes: Expected: 0-3-6 Previous: 0-2-7 Monetary Policy Summary Official Bank Rate: Expected: 0.75% Previous: 0.75% What Is the Bank of England? The central bank for the United Kingdom, the Bank of England, or BoE, is a public body … Continue reading Bank of England Preview

How to Build a Forex Trading Plan: A Compilation of Parts 1-4.

IC Markets No Comments Tags: , , , , , , , , , , ,

Without a trading plan, successful trading is unlikely – you’re effectively driving blind.

The problem is new traders fail to recognise the significance of a trading plan. This may address why many traders find it difficult to accomplish their goals in this business.