Your trading account balance matters much more as you advance in your trading skill than when you’re beginning, yet in order to advance and learn you must risk real money, which in the early-days can be risky and lead to…
Continue ReadingShould A Trader Measure Profits In Percentages, Pips Or Risk/Reward (R)?
Today’s article is about a seemingly obvious concept; how to measure trading profits. Yet, most traders start out measuring their profit (and loss) totally wrong, but it’s really not their fault. Conventional thinking and what is typically spread on the…
Continue ReadingWhat Trading Legend George Soros Can Teach Us About Trading
George Soros: The man, the myth, the legend. If you haven’t heard of him and you’re a trader, you are missing out on a lot of very valuable insight and wisdom. In today’s lesson, we are going to discuss Mr.…
Continue ReadingThe Truth about Forex and Futures Trading
I’m not a self confessed market guru, nor am I an expert when it comes to written communication and education. I am however quite the expert at understanding price action and devising trading systems and methods. I am successful, not only at…
Continue ReadingThe Habits and Routine of a Successful Price Action Trader
Trading success is a result of discipline, and having a daily routine is a key component to becoming a disciplined Forex trader. It is so easy to fall off track and start making emotional mistakes as a trader, and you…
Continue ReadingWhy I’m Not A Day Trader
Like most traders, I was obsessed with day trading at the start of my career, it’s what I studied, it’s how I traded, it was how I lived. However, I quickly discovered that something was wrong. I just couldn’t seem…
Continue ReadingWhy You Need To Protect Your Trading Account Balance & How To Do It
Your trading account balance matters much more as you advance in your trading skill than when you’re beginning, yet in order to advance and learn you must risk real money, which in the early-days can be risky and lead to…
Continue ReadingTrading Price Action Using Your Intuition
Successful traders are not sitting at their computer desk waiting for a robotic trading system to give them a buy or sell signal. Nor are they rigidly waiting for 10 different indicators to line up on their charts providing them…
Continue ReadingForex Trading Is a Business
One of the biggest mistakes that many Forex traders make is that they don’t treat their Forex trading like it’s a business. Instead, they treat it like a trip to the casino, and many of them end up behaving like…
Continue ReadingThe 3 Mental Hacks That Will Transform Your Trading
So, you want to be a successful trader who makes money consistently in the markets? First, ask yourself this: Do you have a successful mind? You simply cannot achieve the former without first developing the latter. Before we go any…
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