Platinum Level Trade Analysis on NZDJPY from last nights session. Let’s talk about the pro’s, con’s, who traded it, who missed it… and the reasons why… Many people think day trading is simply applying the swing trading strategies to the lower time frames. That assumption couldn’t be further from the truth. Here’s the confluence we
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Day Trading

In Lesson 6 of the Infinite Prosperity Course, you would have downloaded the Infinite Prosperity: Probability Calculator. For the sake of this short post, let’s set aside any technical, fundamental or mechanical trading elements, and talk purely about probability and numbers. You can see here that we’ve dialed in the following numbers: 60% strike rate

The balancing act of trading that no one talks about… Assuming all other variables remain constant, the number of trades you take has a direct impact on your strike rate. Someone targeting the same reward/risk 100 times per day will never be able to match the strike rate of someone who waits a month to

As you know, the two phases of a trending market are runs and pullbacks. A run is a move in the direction of the trend. A pullback is a move against the trend. On average, runs are greater in size than the preceding pullback. For this reason, trading the runs offers the highest profit potential

Most new forex traders are familiar with the concept of buying low and selling high (going long) and also the concept of selling high and buying low (going short)… but there is another powerful means by which professional currency traders make money. It’s called Positive Carry. Positive carry occurs when a trader is short on