How to keep calm whilst trading? How to stop trading fears? If you’re asking these types of questions then you’re asking the wrong ones. You need to be asking, how do I develop great trading habits? Riddle me this: if a professional trader and newbie have the exact same trading […]
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Trading 8-Hour Charts
If you can’t handle the pressure of 5-min charts, but think your too impatient for the daily timeframe, then it’s time to consider trading 8-hour charts. They’re not the norm I admit. Many trading platforms don’t even have them, going straight from 4-hour up to daily. That’s a real […]
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Learning From The Bitcoin Bubble
Having emotional control is one of the keys to trading success. The bitcoin bubble was a time I witnessed many people losing theirs to irrational herd-like behaviour. It was fascinating to see. This article talks of that particular boom-bust, and what it can teach us as traders – no matter […]
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How To Develop Trading Discipline
There’s a reason I opt for simple trading systems; the more inputs a system has, the harder trading discipline becomes. So I’ve made all the systems, as idiot-proof as possible – me being the idiot. But designing systems is one thing, implementing them is a whole different ball game. Don’t […]
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Trading As A Business
I genuinely think trading as a business is one of the best businesses there is. But before I wax lyrical about all the reasons why you should learn to trade for a living, let me first talk about the downsides – because there are a number of them. As you […]
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A Shorting Strategy That Works Well
This shorting strategy I am going to show you is my favourite. I called it the Ultimate Smash Bar Short – almost the mirror opposite of the long system I discussed here. It can lead to some truly stunning price moves, has high accuracy and resulting R multiples can be […]
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How To Be Cool When Losing Money
Tennis players have it, golfers have it. Even pick up artists have it. I’m talking of inner game. In trading, that means the ability to handle losing money. It’s something we all need to develop if we’re to become elite CFD or FX traders. In this article, I’m going to […]
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Yet Another Forex Beginners Guide!
This forex beginners guide is going to introduce you to the exciting world of spot Forex, the largest traded market there is, with a daily trading volume of over $5 trillion. In the past, this market was for an elite few but with high-speed internet, super-fast chip processing, and state […]
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Stop-Loss System Or Profit Target?
A legitimate question asked by the newbie is, should you use profit targets or trailing stops when exiting a trade? In this post, I’ll give my unashamedly biased opinion in favour of trailing stops and why that is. I’m no fan of the ‘profit target’ but not without good reason. […]
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Long Harami Pin Bar Reversal Strategy
The pin bar strategy is a popular reversal technique used by many retail forex traders. It’s a two-bar pattern that can lead to explosive price action. But, it can also lead to whipsawing prices too. The idea behind the long version of this setup is that price opens within the […]
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