If you’ve had a few bad trading experiences lately then you may want to spare a thought for FX concepts who are apparently the largest currency hedge fund on the planet. It’s been obvious for most of this year that this predatory hedge fund bet that their ’tills would ring’ if a Euroland collapse leads […]
Betting On A Euro Collapse? Don't Hold Your Breath, Or Your Position Trades Read More »
There’s not much we can thank Sarah Palin for, given that she lowered the pantomime that is USA politics to new depths. But her one liner directed at Barack Obama must have cut him to the quick. “How’s that hopey changey thing working out for ya?” was a world class put down that at a
The Hopey Changey Thing Hasn’t Worked Out Read More »
There’s not much we can thank Sarah Palin for, given that she lowered the pantomime that is USA politics to new depths. But her one liner directed at Barack Obama must have cut him to the quick. “How’s that hopey changey thing working out for ya?” was a world class put down that at a
The Hopey Changey Thing Hasn't Worked Out Read More »
In the late 1980s and early 1990s, Beck was a homeless musician in New York City. He returned to his hometown of Los Angeles in 1991 due to financial struggles. Described by his biographer Julian Palacios as having "no opportunities whatsoever", Beck worked low-wage jobs to survive, but still found time to perform his songs
Soy Un Perdidor, I'm A Loser Baby Read More »
Ever added to a losing position? No, me neither. There we are talking about risking no more than 1% of our capital per trade and a former Goldman Sachs co chairman treats his company and crucially OTHER PEOPLE’S MONEY like a pot at a Las Vegas poker table and goes full tilt and all in.
MF Global Went Postal Read More »
“It isn’t easy for an idea to squeeze itself into a head filled with prejudice.” The adage “the market can stay irrational longer than you can stay solvent” may have been in traders’ minds during the two trading sessions on Monday, or perhaps they considered the quirky alternative; “the market can stay solvent longer than
“It isn’t easy for an idea to squeeze itself into a head filled with prejudice.” Read More »
“Anyone can see an entry, the real skill is exits and over a lifetime of trading you’ll never get them right and you’ll never be 100% happy with them..” Many traders reach a ‘paralysis’ stage in their trading, they feel and honestly believe they’re doing everything correctly; their psyche is sound, they’re only risking 1%
Every Exit Is An Entry Somewhere Else Read More »
“It isn’t easy for an idea to squeeze itself into a head filled with prejudice.” The adage “the market can stay irrational longer than you can stay solvent” may have been in traders’ minds during the two trading sessions on Monday, or perhaps they considered the quirky alternative; “the market can stay solvent longer than
“It isn't easy for an idea to squeeze itself into a head filled with prejudice.” Read More »
The perceived wisdom within our forex trading community, is that markets range 70-80% of time. It’s therefore essential that FX traders easily identify ranging markets and learn to either take advantage of this phenomena or (if a swing/trend trader) avoid these conditions and costly mistakes resulting in giving back to the market in periods of price consolidation.
Don't Get Stuck In A Rut When Trading Ranges Read More »
It’s becoming increasingly difficult to comment on the various rumours emanating from the new ‘technocracy’ put in place in Europe. On Friday of last week the FT published their findings that the EFSF could not be enlarged anywhere near the capacity required to be the necessary ‘bazooka’, as a consequence the equity index markets fell
Rumours Are Like Wildfire – You Are Burned Up Before You Know It Read More »
