If you’re a trader, you must keep a trading journal. A trading journal is simply a record of your trades and the associated emotions. By keeping track of your trades, you can see what works and what...
Is there a difference between forex trading and gambling? I have been asked this question on more than one occasion and it is a good one as it can make the difference between failing and having a...
Since a built-in risk management tool was added to The Amazing Trader (also as a stand-a-alone), I have been thinking how well it instills discipline into one’s trading. This also got me to thinking about leverage and...
What is Divergence Trading? The dream of every trader is to take a low-risk, high-reward shot at making a big splash in the market. This is exactly what skilled traders are able to do when they trade...
Traders can adapt to anything a forex broker throws at them on its platform as long as they are aware of it beforehand. What I mean by this is you do not want a surprise, like a...
As I watch the forex market continually get jerked around, including news algos, which react to headline keywords rather than the substance of a story, I wonder whether artificial intelligence can ever replace human traders. I call...
There was a Global-View member. a bank trader working for Japanese bank who gave the JPY a nickname I never forgot. He called the JPY “The Devil “  The reason, as he said was because “the YEN...
I was recently asked how to become a forex money or fund manager. .This got me thinking about how I could guide those looking to manage funds and what it takes to become a forex and/or asset...
A Professional Trader’s Strategy for the Retail Forex Trader When I was a bank trader, I became friendly with a trader who managed a forex  dealing room. He related his philosophy, which I call a professional trader’s game...
One of the obstacles any trader has to overcome if he/she wants to move to the next level is muscle memory. For me, it is like trying to improve my golf swing. I take a lesson but...