TRADE PREPARATION Give me six hours to chop down a tree and I will spend the first four sharpening the axe. A B R A H A M Â L I N C O L N 01...
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Tag: trading plan
Trade like a pro How can you make sure you trade like the professionals? One of the best ways is to make sure you treat your trading like a business. You need to be sure that when...
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...
A trading plan is a critical component of success for any forex trader. Without a trading plan, it is very easy to make rash decisions based on emotion, rather than logic and reason. A trading plan provides...
As I discussed, traders need to treat trading as a business and not a casino. Most of the focus is generally on the revenue side. . After all, you need profitable trades to run a business. The...
It is often said that 95% of those trading lose money. While the actual percentage is not that high, it is a fact that the majority of forex traders lose. There may be many reasons for it but...