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Trading Psychology

There’s nothing special about your strategy

17 Nov 2017 @ 02:01
THE WAYS WE CON OURSELVES I support a particular hospital charity that each year or so runs a home lottery and every year I enter. To date I have won a digital camera, an iPod, an Apple TV, a tonne of chocolate, wine (brilliant for a non-drinker but good for presents) and a host of […]
 

GKFX now offers "Elite Trader Program"

07 Nov 2017 @ 22:02
Traders should seek material that is aimed at educating and informing them regarding the markets and their movements. Seeking this information is known as fundamental and technical analysis. It allows traders to evaluate their trading strategies, and help them identify when to apply them to increasingly volatile markets. Elite traders know that having an edge […]
 

Why do people ask me if I’ve stopped trading?

22 Oct 2017 @ 10:37
The question above is common whenever I come across people who used to be traders. They started trading because they thought it was easy and because they thought they’d strike it rich. Nevertheless, they discovered that trading isn’t easy and after they dashed their heads into the rock many times, they gave up. Whenever one […]
 

Unrealistic/irrational expectations from traders

26 Sep 2017 @ 11:37
“If there were a cornerstone to trading it would be the ability not only to be resilient when in drawdown but also to accept that we get things wrong. Sometimes there is a flaw in our methodology that we have not seen and that we simply have been lucky up until this point. This does […]
 

Daily analysis of major pairs for September 18, 2017

18 Sep 2017 @ 09:57
The USD/JPY went bearish in the first week of this month and then went bullish last week. The market is bearish in the long-term and bullish in the short-term. This week, price could go further upwards by another 100 pips, but further bullish movement would be rejected, owing to a bearish expectation on JPY pairs […]
 

Technical Reviews for Gold, Silver and Bitcoin (September 2017)

03 Sep 2017 @ 09:50
GOLD (XAUUSD) Dominant Bias: Bullish Gold trended smoothly upwards last month, reaching a low of 1251.28 and a high of 1325.75. On September 1, price made some bullish attempt, closing at 1324.89. The outlook on Gold is bullish for this month, owing to the Bullish Confirmation Pattern that is present in the market. Price is […]
 

Do you see trading as fun and games?

26 Aug 2017 @ 01:01
“One thing very good traders have is insight into themselves.” – Chris Tate FUN AND GAMES Recently Louise Bedford and I have been doing the Short Term Trading Magic seminars in a few places and it has been sometime since I did any form of presentation on a semi regular basis. As such it has […]
 

Insights into the Mindset of Super Traders – Now Almost Free of Charge

07 Aug 2017 @ 03:02
“One of the things that amazes me most about trading is that the longer I do it the more I admit that I don’t know. For a very long time I have been convinced that I have no idea where the price of instrument is going. I certainly know a lot about market dynamics, the […]
 

HOW YOU SEE THE WORLD HAS A SIGNIFICANT EFFECT ON YOUR SUCCESS

21 Jul 2017 @ 23:57
INTRODUCTION: Hello Traders. The article below is useful for all areas of human endeavors (including trading). Please read it to discover a great secret today. Read between the lines and see how the facts revealed here aptly apply to trading.   —————————————————————...
 

Blue Star Capital - Go Long

20 Jul 2017 @ 00:15
Blue Star Capital stock (LSE:BLU) is extremely strong right now. The market had been in a tight consolidation in the past several months, before becoming a bull’s paradise. The consolidation was so tight that it formed a long-term base, and now it has broken out with a high momentum, skyrocketing. The ADX period 14 is […]
 
 
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