Most of the new traders I get to speak to each day admit to pursuing a business in trading purely due to the financial reward that is possible in this market. And (if we’re being honest with ourselves)… that is, definitely, one of the most obvious reasons to pursue forex trading. But what most people don’t realize is
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Swing Trading
The Real Purpose of Technical Analysis
Technical analysis has faced significant opposition from critics for years. To this day, many people believe that it’s a big bunch of hogwash, poppycock or witchcraft. To be fair, in the context that these judgments are made, we often agree. Indeed, there are many individuals and companies who paint an over-glorified picture of technical analysis. Here’s our position
The Path of Least Resistance in Forex
Incase you assumed otherwise, no one knows what the market is about to do with any degree of certainty. Be cautious of anyone who takes a strong stance on what they think the market is about to do (particularly if they’re charging you for their opinion). “Nobody knows if the stock’s going to go up,
The Collective Market Mind
You’ve probably heard that to make money in the financial markets, you need to do the opposite of what everyone else is doing. But unless someone has explained to you (in depth) what that actually means, you might feel a little uncertain about how to actually put this wisdom into action. In this blog post, my
The Golden Rule in Forex Risk Management
In speculative forex trading, it is wise to limit your risk on each trade to 1% of your total account size. Many new traders think this is preposterous. “1% of my account is only $10, how can I possibly make any money”, they say. While such a low exposure to risk might lack the excitement