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 »
Trading is like any other skill and as such, needs to be improved over time. But, you might wonder, how can you actually get better at trading? Well, there’s a pretty simple way: keep a trading journal! Today, I’ll break down what a trading journal is and show you how it can seriously up your
Why You Need To Keep A Forex Trading Journal 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
Why You Always Need To Use A Stop Loss Read More »
There are lots of tools available to us traders; some good, some bad, some you need to stay well away from (like indicators). But there’s one tool not many people know about that provides some amazing insights: Oanda’s Order book. Tucked away in the far reaches of Oanda’s website, the order book is a tool
3 Insights Oanda’s Order Book Gives Us About How Traders Trade Read More »
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 »
As a forex trader, you’re going to be making a lot of mistakes. It’s just something you have to live with. But whilst most mistakes aren’t that costly there are some which, if you make them, will really put a dent in your account and derail your career before it’s even started. Here’s an overview
3 Mistakes That Will Stop Your Forex Career In It’s Tracks 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 »
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 »
