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Nov 26, 13 •
2281 Views •
Between the lines •
Maria Iacob
Comments Off on Hanging tough, how to cope emotionally with that inevitable large drawdown and how we decide what that drawdown should be
One of the most important subjects, that new traders fail to address in their trading plan, is the element of drawdown. There are several reasons for this but we’ll highlight just two. Firstly, it could be that the overt optimism new traders experience,...
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Nov 22, 13 •
4479 Views •
Between the lines •
admin
4 Comments
Recently we covered the use of the most widely held indicators and how adjusting them and using them in a counter intuitive way to their accepted use, can provide a very simple ‘one indicator’ method to enter and perhaps more importantly exit the...
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Nov 21, 13 •
2477 Views •
Between the lines •
admin
Comments Off on Successful news trading, how it’s possible.
One of the most apt phrases in relation to news trading that has stood the test of time is; “don’t trade the news, trade the reaction to the news”. Nowhere is this more evident than on the day the NFP data (non farm payrolls) is delivered by...
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Nov 20, 13 •
5098 Views •
Between the lines •
admin
3 Comments
There is an inevitability, once traders begin to discover trading indicators, that they’ll begin to experiment with many (if not all) of the recognised most popular indicators. Perhaps they’ll start with one indicator, such as the MACD, and begin...
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Nov 19, 13 •
3506 Views •
Between the lines •
admin
Comments Off on How long was your longest losing streak, how did you cope and how did you correct it?
Whether in articles, on trading forums, or various blogs, losing at trading is not a concept discussed as much as winning for an obvious reason; no writer or poster wants to come across as negative, or wants to damage the optimism that envelopes the whole...
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Nov 15, 13 •
7210 Views •
Between the lines •
admin
Comments Off on Trading ‘tips’ from the inexperienced trader; what went wrong, what was learned and how to go about fixing it…
Far too many trading articles concentrate on experienced traders and trading mentors offering up advice on how to be successful. Very few articles quiz the inexperienced trader and ask for a synopsis of where they are on the ladder of trading success and what...
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Nov 14, 13 •
3173 Views •
Between the lines •
admin
Comments Off on What is a high probability set up? And how to develop one…
There are many successful traders who thrive by keeping their trading methods very simple. They’ll look for the same method of entry, time after time. They won’t detour from their set up and can easily adapt this set up to any form of automation....
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Nov 13, 13 •
3672 Views •
Between the lines •
admin
Comments Off on Back testing your way to discovering a high probability set up and edge
How far into the past should you actually ‘back-test’ a method you’re convinced has a chance of working live in the market? This is a question high on the majority of traders’ agenda. Many experienced traders would immediately suggest...
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Nov 12, 13 •
16086 Views •
Between the lines, Featured Articles •
admin
Comments Off on Can you actually live off trading FX? When reality bites and hurts…
There are many reasons we enter retail trading and there are certain constants, that run through our decision making process eventually leading us into trading as a potential livelihood or hobby. Perhaps the single biggest reason we enter retail trading is to...
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Nov 8, 13 •
10511 Views •
Between the lines, Featured Articles •
admin
Comments Off on What aspects of trading do we find the hardest and why?
As many traders begin to adapt to their potential new trading career they’ll encounter many hurdles on their journey towards “trader enlightenment”. Many of the hurdles they face are placed there by themselves; greed and fear being the two...