-
Feb 27, 17 •
15523 Views •
Between the lines •
Zahir Shah
Comments Off on A Candlestick refresher Course, looking for price action
OK, so most of us forex traders know what candlesticks are and what they’re supposed to represent on our charts. We’ll avoid the history lesson, by delivering this quick synopsis and reminder of the basic candlestick body and shadow meaning....
-
Feb 27, 17 •
13699 Views •
Between the lines •
Zahir Shah
Comments Off on The psychology involved in Forex Trading
The 3 Ms of trading is a phenomenon often referred to when discussing trading; mind, method and money-management have become the accepted terms by which we define the disciplines involved in trading. Method is generally defined as the trading strategy...
-
Feb 23, 17 •
13692 Views •
Between the lines •
Zahir Shah
Comments Off on The life of a Forex Trader
Retail trading from home can be a lonely activity. Let’s be honest, even if you’re incredibly successful, your spouse and nearest and dearest won’t be that interested in the mechanics involved in trading, beyond the profits. Trying to hold a...
-
Apr 30, 14 •
14845 Views •
Between the lines •
Maria Iacob
1 Comment
From time to time it’s worth taking a step back in order to take a ‘helicopter view’ on where we’re currently at in relation to the personal aims we originally set out when we first entered this industry. The reason why it’s...
-
Apr 29, 14 •
13595 Views •
Between the lines •
Maria Iacob
Comments Off on Is demo trading the right approach before ‘real trading’ and if so at what point do we move off demo trading?
There are many extremely useful free tools our brokers offer us that are often under-used, misused, or simply ignored and the demo account is one such free offering. It’s under-used as many traders are far too impatient to move onto real trading and as...
-
Apr 25, 14 •
13290 Views •
Between the lines •
Maria Iacob
Comments Off on Should we try to save and limit the damage of a trade that’s gone bad, or just accept it and move on?
No matter how perfect we believe our trading method is, no matter how solid our overall trading strategy is and no matter how complete we believe our trading plan is all traders (will at times) get caught in trades that simply ‘go bad’ despite us...
-
Apr 24, 14 •
14990 Views •
Between the lines •
Maria Iacob
1 Comment
There are certain facts have remained steadfast over the years with regards to trading. Experienced and successful traders will point out that, despite being able to get their high probability set ups ‘right’, in order to enter the market at the...
-
Apr 23, 14 •
13617 Views •
Between the lines •
Maria Iacob
Comments Off on I’m going to try FX trading once more what should I do differently this time?
There’s a certain truism in FX trading; once the ‘bug has bitten you’ it’s very difficult to turn your back completely on the wider industry and the activity of trading. Even if you’ve tried FX trading and lost money in your...
-
Apr 22, 14 •
12608 Views •
Between the lines •
Maria Iacob
1 Comment
After we discover the retail trading industry our natural instinct is to experiment in the market with all the various technical options available on our trading platform. Whereas fundamental analysis requires a completely different skill set in order to...
-
Apr 18, 14 •
14655 Views •
Between the lines •
Maria Iacob
1 Comment
Luck is a very contentious word and equally contentious phenomena in trading. Having spent months and in many cases years to create a winning trading strategy, to then finally commit it to our bullet proof trading plan, it’s incredibly hard for any of...