My forex mentor once told me: “you’re only ever as good as your charts, sonny”… and boy was he right. Choosing the right chart platform to view price and carry out analysis is critical to your success in forex. If you think it’s possible to make millions with a second rate platform offered for free by …
How To Use Tradingview: My HUGE Guide For Beginners (PDF) Read More »
One of the most annoying parts of learning to trade forex is understanding all the jargon people use. When I first started, I had a really hard time figuring out what pips, margin calls as well as all the other terminology meant when I first started. And even today, I hear terms that I still …
77 Key Forex Terms And Definitions All Traders Need To Know Read More »
I’m sure you’ll agree… In trading, your entry plan is just as important as your exit plan in order to have a successful trading career. And this applies to both newbies and experienced traders participating in the forex market Today, though, we’re going to talk about the exit plan. But, we’re going to zero in …
In the world of forex trading, there are an infinite number of methods to use to profit from the opportunities that appear in the market every day. The way we individually perceive the market is as unique as we are, so it comes as no surprise that everyone has a different opinion as to what …
Is Discretionary Trading Better Than Mechanical Trading? Read More »
All right, I’m going to go ahead and tell you the one skill you need to become a successful forex trader pretty much right up front (precisely one paragraph from now), but please read the rest of the article anyway. You just might pick up some extra valuable information. Beyond being able to do basic …
The #1 Skill You Need To Become A Successful Forex Trader Read More »
Admit it… You want to win every trade. It’s okay, it’s natural. I want to win too. But you know, you don’t need to win every trade to be successful. In fact, you can lose 90% of the trades you place and still make a horrendous amount money. How? By understanding Risk to reward ratio. …
Handling losing trades well is what separates the winners from the losers. Winning traders always keep their losses small and view losing trades as (A) a natural part of the business of trading, and (B) an opportunity to learn how to improve their trading. Every forex trader has losing trades, even the most exceptionally talented, …
5 Facts That Will Help You Deal With Losing Trades Read More »
