I got an email from a struggling trader asking whether it pays to sign up with a signal provider. This is a good question and one you should be asking before making a decision whether to follow...
For any trader, managing risk is essential to success. But what exactly is risk management? In this blog post, we’ll explore what risk management is and how it can help you become a successful trader. We’ll also...
What does the market feel on a given day? Well, the market is not an actual being in and of itself, but it is made up of a collection of traders who are all working to try...
We had some EUR positive Fundamentals last week that helped the pair to extend the gains from the week before ( or better to say USD negative ) The Nonfarm Payroll report The Federal Reserve was less...
I received the following question from a trader sitting with an underwater position. I am long USDJPY above 155 and need some guidance. Could you give me some advice on whether to hold on or hedge it....
No matter how long you’ve been trading, it’s important to monitor your performance so that you can identify both your strengths and weaknesses. To help you track your progress, we’ve compiled a list of fourteen key statistics...
Position trading is the longest-term of all trading styles. Trades can last anywhere from several months to several years! Position traders ignore short-term price movements in favour of pinpointing and profiting from longer-term trends. It is this...
01 SKILLS ASSESSMENT This part of the experience of trading is the moment when you step back and take a look at yourself in the mirror and attempt to ascertain if you are truly ready to start...
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...
Pivot points may prove useful in helping you determine market sentiment. What this means, in a nutshell, is that you may be able to tell if traders are more interested in buying or selling an instrument at...
Forex traders of all stripes will tell you that they prefer this indicator or that one. They will make their pitch as to why their specific preferred indicator is the one that you should pay the most...
Volatility is something that traders always need to keep an eye out for. It can create opportunities in the market to take advantage of price fluctuations in a certain period of time. However, it can also increase...