Most traders and speculators are prone to succumbing too and gravitating towards discussion forums. Trading gossip, news, getting advice, comparing methods and strategies, appraising services and brokers generally form the bulk of the discussion subject matter. Trading forums can provide a welcome break from trading, particularly if you are a day trader waiting for your […]
Playing the ball and not the man Read More »
After practicing an overlapping drill last Friday with my football youth team I reminded one of the seventeen year olds, who I’ve known and coached since the age of five, that the first time we did this drill he was seven. In fact his memory of the drill proved better than mine and he performed
The four corners of trader development Read More »
For those amongst us who are not UK based, or not familiar with some of the soundbites our various UK politicians have used, “education, education, education” was a heralding cry by a previous Prime Minister on his election campaign. As to how and where the “jobs, jobs, jobs” were to be found after the “education,
Employment, employment, employment and the F PIIGS Read More »
With USA unemployment figures remaining stubbornly high it’s encouraging to see President Obama finally grasp the nettle by announcing it’s high on his priority list. As a governor from Arkansas once famously reminded the electorate, “it’s the economy stupid” and despite the fact Obama’s motives may include having one eye on his re-election campaign he
The Jobless Recovery is no Recovery Read More »
The traditional forex broker tends to be based on a dealing desk model. Dealing desk brokers take actual positions on the markets and in many cases will actually take the opposite position to a client’s position. Effectively, taking opposite positions means your profits are the brokers loss. Flip that around a bit and your losses
