What type of trading is best for you? So the first question you need to ask yourself before you start trading Forex is ‘What type of trading would suit me best? ‘Naturally, your Forex trading system needs to factor in how…
You probably understand what “Buying” or “going long” on a financial instrument means, but do you know how to trade the forex markets in both directions? Read on to discover what it means to “go short” when trading. “Shorting” or…
Why do markets rally further after breaking to all-time-highs? People find it strange that I buy a market when it breaks to extreme ranges and to all-time-highs. In fact, this is probably my favourite and most profitable pattern to play.…
Last week saw USD plummet significantly to fresh 3 year lows. Thanks to some INSANE moves, I was able to make just over $11,000 in less than 48 hours thanks to USD short positions I sent out to all the…
One of the biggest hurdles that new traders face is access to capital. As such, one of the questions most asked is how much people will need to start with to make a lot of money. The reality is that…
These two characteristics of trading enable you to utilise your equity to its maximum. Without these, it would be near impossible to make decent returns without a huge starting bankroll. However, they are often poorly understood by traders, with disastrous…
The amount of time a financial instrument is held by a trader defines their style of trading. The type of trader you are, or choose to be, will be highly dependent on your personality. Do you prefer to have complete…
There are certain character traits that are crucial to your success as a trader – Luckily, these can all be learnt at any time. Some people believe that you have to be super-intelligent, good with numbers, and that people are…
Being a profitable trader is an achievement so many aspire for and yet so few are able to realise. Even with a profitable strategy, a few bad habits can destroy any chances of success. When I first started I made…
