Trading Pullbacks Tradeneo Style

  There’s something emotionally comforting about trading pullbacks. After all, it’s human nature to want to buy things up on the cheap. When I first began trading, it was easier for me to buy after declines rather than breakouts to new highs. My first attempts at pullbacks involved indicators. Generic […]

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How To Really Use Moving Averages

Here’s a quick post on how I use moving averages. In the past, I’ve referenced this method as ‘tagging the average’. Up until now though, I haven’t devoted a full post to it. I like to keep my charting naked. I don’t use price indicators, don’t use support resistance but […]

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5 Simple Ways To Improve Your Trading

  If you’re desperate to improve your trading because you lose constantly, change systems frequently, or are just too damn scared to pull the trigger, this article is here to help. At Tradeneophytes.com, my goal is to argue for the simplification of trading, and by doing so, a beginner can […]

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Exit On Price Extremes

Regular readers and followers of my rants on Babypips know I don’t like price targets for exiting trades. I prefer the trailing stop method. As discussed here. If you haven’t read it, to sum up, the pitfall of target prices (IMO) are mostly psychological. Yes, there’s a mathematical argument for […]

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Should You Buy A Forex Trading Course?

One question often asked by beginners is should they buy a forex trading course? Or instead, go with the free stuff available? I’m not much of a fan of (generic) trading courses, for the reason I’ll give below. However, I don’t believe the answer should always be quite so binary. […]

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Trade On Technicals Not Fundamentals

It’s not just gold that recently broke the $2000 handle. Take a look at Tesla. Elon Musk, that eccentric South African, now worth over $100 billion. The market cap of Tesla is $380 billion-plus. Think about it. Toyota, the largest car manufacturer in the world (and one that actually sells […]

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Money Management Basics

If you haven’t started thinking about money management in your trading, and instead are assuming ‘your entry system’ will carry you to success then think again. Money management is the cornerstone of trading, without it, your trading results are going to flounder. This article will introduce the ideas of % […]

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Trading Pivot High Inside Bar Breakouts

Buying Pivot High Inside Bar Breakouts

These are two reasons why I’ve made inside bars my bread and butter. Decreased price volatility means tighter initial stop loss. Decreasing volatility usually ends up as range expansion meaning more profits. Combining the two leads to impressive r multiples over time. If you are as attuned to inside bars […]

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Going Short

My Fear Of Going Short

One of the benefits of CFD trading is going ‘short’.  Brokers are always touting its benefits. And there’s always an army of fresh new traders short the pants out of one market or other. For beginners at least there seems to be something rather cool about it. The best (and […]

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R Multiples

R Multiples In Action

R multiples are one of the key tools of the successful trader. You’re simply not going to get rich (which I know all aspiring traders want) if you cannot hold out for the big wins. And R multiples are the way we measure the success of those wins. I have […]

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