Trading Psychology

An Accurate Friday Strategy for Forex and Binary Options Revolutionize Your Trading Career The purpose of this strategy is to show you how to trade most important fundamental figures that come out on Fridays. The strategy focuses on CAD and USD pairs only. It would only take you a maximum of 15 minutes per week. […]

WHAT YOU NEED TO KNOW ABOUT MASTER TRADERS – PART 18 “Get no joy, except a superficial joy, out of winning. Get no sadness, except a superficial sadness, out of losing. Get to the point where it must almost be an act on your part to be joyful or to be sad – and not […]

“Soon, though, I became aware that there was an even bigger game available to players like me. It was, in fact, the biggest game in town — the international financial markets. So my interest shifted from playing cards to playing the markets.” – James Frazer Someone in a West African country – a young man […]

WHAT YOU NEED TO KNOW ABOUT MASTER TRADERS – PART 17 “You actually know less than you think you do. I found this fascinating and it had me drawing bikes on a blank piece of paper. The central issue is that we actually know less about the world than we think we do. These errors […]

“Once you get your trading plan completed however, and you have a successful track record of six months of solid trading results, lock that plan up and never share it with anyone. Use it to build an incredible life for you and your family. Hold on to the edge you have worked so hard to […]

WHAT YOU NEED TO KNOW ABOUT MASTER TRADERS – PART 16 “Traditional risk management simply fails to account for the fact that the most dangerous risks are those which occur infrequently and don’t show up in track-records.” – Jack Schwager Name: Noam Gottesman Year of birth: May 1961 Nationality: American, British Occupation: hedge fund manager, […]

TAPPING PROFITS WITH AN INTRADAY STRATEGY “As traders, we should never stop learning, because the markets are never going to stop teaching. Continuing to learn is a vital part of becoming a better trader.” – Track ‘n Trade You may have heard that FX trading is all about combining strong currencies with weak currencies. Well, […]

WHAT YOU NEED TO KNOW ABOUT MASTER TRADERS – PART 15 “It seems that these days few traders are interested in trading long-term. The monthly and weekly charts remain relatively unnoticed. Traders are so busy looking at anything and everything from 60 minutes down to 1 minute, that they let beautiful trades slip right by […]

“In my experience trading takes a very important and somewhat rare personality trait which is: the ability to see the next logical step and to then get it done. If this ability is lacking you will always be behind.” – Garachen (Source: Elitetrader) Why Is Trading a Good Money-making Vehicle? It’s a level playing field. […]

WHAT YOU NEED TO KNOW ABOUT MASTER TRADERS – PART 14 “My advice to… both strategy creators and investors — is to always have a ‘what-if’ plan. Always know what you’re going to do, when the unlikely or unexpected event occurs. You can’t anticipate everything in advance, of course — not specifically — but you […]