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Nov 7, 13 •
5018 Views •
Between the lines •
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1 Comment
If we were to indulge in a sweeping generalization and select a group of people as being totally unsuited to retail trading, then those with a scientific background, or quantitative mathematics background, would probably come closest. These groups could be...
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Nov 6, 13 •
2748 Views •
Between the lines •
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Comments Off on Why we must keep a trading journal in our early trading years
In many of our trading articles, featured in our between the lines section of our blog, we stress the importance of keeping a trading journal as part of our overall trading plan. But what should we put in the journal and how does it differ from what should...
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Nov 5, 13 •
2835 Views •
Between the lines •
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Comments Off on Not giving up or giving in, keeping your motivation high and what signs to look out for that you’re still on the right track…
As regular readers of our columns will no doubt testify we often have one eye on the new traders in our community when we pen our articles. Having seen so much erroneous advice offered to new traders, on various forums and through other brokers’...
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Nov 1, 13 •
3091 Views •
Between the lines •
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1 Comment
When traders browse trading forums they’ll notice that the forums are generally sub-dived into various sections. You’ll have: general trading discussion, broker discussions, trading journals, platform discussions and the “anything...
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Oct 31, 13 •
2388 Views •
Between the lines •
admin
Comments Off on Why managing your emotions when trading is essential to your development
Many successful traders will testify that learning to trade was one of the most difficult challenges they’ve experienced in their adult lives. In many ways it’s impossible to fully describe the emotional roller coaster we ride to eventually find a...
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Oct 30, 13 •
2240 Views •
Between the lines •
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Comments Off on Are you about to give up on your trading method? Perhaps you shouldn’t be too hasty…
The ‘three Ms’ of trading have been referenced many times in our trading blog; our mindset, money management and method are the three critical constituent parts that underpin our overall approach to trading, these three critical success factors...
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Oct 29, 13 •
3980 Views •
Between the lines •
admin
Comments Off on Picking an FX broker; what separates the best from the rest?
We’ve touched on the subject many times of how traders go through a form of ‘trader metamorphosis’ when they first discover trading. Once they’ve discovered the industry they’ll experiment with many different strategies, whilst...
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Oct 25, 13 •
2247 Views •
Between the lines •
admin
Comments Off on Using and improving your high impact news and fundamental policy analysis
There is a key phrase that has stood the test of time with regards to news trading; “don’t trade the news, trade the reaction to the news”. This week we had the perfect example of how to trade high impact news as the non-farm payroll print...
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Oct 24, 13 •
2170 Views •
Between the lines •
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Comments Off on How quickly new traders can eradicate their bad mistakes and up their ‘game’.
In my early 20’s I was working with a salesman who was a semi-professional snooker player, we got onto the subject of snooker and he told me that if we spent approx. three hours of playing together he could drastically alter my whole game and make me a...
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Oct 23, 13 •
2212 Views •
Between the lines •
admin
Comments Off on How accepting that you can’t predict price movement, with any degree of certainty, leads to trader liberation and development…
It’s a sobering thought that one of the most common forms of technical analysis, the candlestick, has been used in ‘markets’ since the 18th century. This cornerstone of analysis has stood the test of time since adopted by modern day traders...