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.…
This is my number one rule when it comes to trading – cut your losses early. When it comes to trading, managing your risk is the most crucial element to future success. This means knowing when you’re wrong and doing…
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…
It was a very volatile end to the week last week, with all the major currencies pushing through significant support and resistance levels. The US Dollar has collapsed to 3 year lows, the Euro is at 3 year highs, and…
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…
Lessons From A Loser As I regularly mention, I often feel there is more to be learnt from a losing trade than a winning one. You WILL have losing trades. It’s all part of the game, and so you need…
I first got involved in trading during the summer of 2013. I was convinced I didn’t want to spend the rest of my life in an office working for someone else’s dream, but hadn’t yet figured out how I’d make…
As we approach the Christmas period, I am up nearly 20% for the month! This puts me in profit for 7 out of the last 8 months, with 4 of those at nearly 20% or higher. There have been some…