Updated June 2020 Although having a well-defined trading strategy is vital to get ahead, some traders mistakenly believe this is the be-all and end-all of trading and pursue perfection. The quest for a flawless approach is widespread, often elbowing traders into a vicious cycle – a cycle that can last for years, and for some, … Continue reading The Ceaseless Quest for a Perfect Trading Strategy
Have you ever found yourself tempted to pull the trigger on a trade that did not meet your rules of engagement (your trading strategy rules)? If you haven’t, then kudos to you! If you resemble the majority, however, then you have very likely been in this position more than once. Despite the title, this will … Continue reading What to look for in a Forex Trading Strategy
We’re lucky enough to be joined by Terry today, who has kindly agreed to answer some questions about his trading journey. Terry is coming to us from the UK, England and has been involved in trading for eight years, with three of those years trading live money. So, without further ado, let’s dive in and … Continue reading Interview with a Successful Trader
Updated February 2020 Do you remember the first time you encountered the financial markets? Unless you have an interest in economics, it’s likely you were drawn to technical analysis (T.A). Colourful indicators, pin-point accurate support/resistance, long-term trend lines and reports of technical traders trading for a living, is usually sufficient to lure most new traders … Continue reading Including Fundamental Analysis In Your Trading
Updated May 2020 Regardless of how long you’ve traded a demo account, pulling the trigger in a live trading setting brings with it strong, raw, uninhibited emotion. Traders, particularly newer traders, enter live trading high on excitement. Emotional trading, however, often breeds mistakes – errors that may not only wipe out your account, but can … Continue reading Taking Your First Live Forex Trade: The Emotional Challenge
