forex trading system

February 11, 2008

  • Online Trading Mental Focus

    Simply because you CAN trade any financial market – be it forex, stocks, futures, or options trading – does NOT mean that you should be involved in trading several or indeed many. In truth, the modern trader is confronted with a wealth of diverse opportunities. Moreover, with the 24-hour forex trading now a reality, you can now trade virtually whenever you wish throughout the business week.

January 28, 2008

January 18, 2008

  • Day Trading - Be Independent In Your Trading

    In day trading, the ability to be independent is even more important than in other life arenas. That is because in the day trading arena, there is no such thing as “absolute truth” and there is no end of opinion, conjecture, rumor and fantasy. Hope and Greed play their part too, and overall create a landscape of illusion wherein a person with no independent opinion of his/her own will be swept away to rapid destruction…

January 11, 2008

  • Day Trading - Don't Lose Your Trade Capital!

    Novice day traders have little idea how to manage their trading risk, even as a concept. The typical pattern is that they put on a trade based upon some fairly poorly defined criteria, and when the market eventually moves against them, they are clueless as to when to get out of the position. Instead, they will typically let the trade worsen until it is eventually too painful to retain.

    The experienced trader, however, places risk management at the heart of the entire trading plan from the very beginning…

January 7, 2008

  • Online Trading: Why I HATE Economists!…

    During my investment banking career, economists were for me public enemy number one! I never saw what the big deal was about. Most of what they say is completely unprovable. It is always after the fact, and their explanations of forex, stock market or commodity market moves are always retrospective.

    The essential problem is that these economic pundits are providing reasons AFTER the fact for why the market has done what it has already done, and they always look good riding on a trend that they imagine is likely to carry into the future.

December 27, 2007

  • Online Trading: Dealing With Distraction

    The key point to come back to is that Online Trading has to be a business, if it is intended to be your primary source of income for yourself and your family. (…)

December 26, 2007

November 20, 2007

October 29, 2007

October 19, 2007

  • October 19th: Stock Market Crash 20th Anniversary

    Hello,

    Today is the 20th anniversary of the stock market crash, the so-called Black Monday. It also happens to be the 20th anniversary of the day I commenced my career in Investment Banking! (…)

October 15, 2007