Anyone who has chatted with me or written me emails will know that one of my big things is using stop losses and the importance of them for your trading sanity. I have many a debate about the topic, a classic conversation would go (usually from the same trader a
Well, we spend so much time working on our trading systems, on when to enter, exit, move stop losses, take profits, etc., etc. but how much time do we spend reviewing trades we have placed? I dare say many of us (me included at times) kind of forget about this
How long have you been trading? If you have been trading any more than a few months, chances are you have gone through many cycles of trading systems, timeframes, and strategies. You have probably tried multitudes of different indicators, stop-loss strategies, entry signals, and alert services, and more than likely
So here is how I see it, you go to the effort of backtesting a system, working out an entry and exit strategy, fine tune your stop loss levels and are ready to go. You watch the markets, the news, the stars and numerology until you find the exact point
News, most people watch it, many want to be in it, but how many trades it? I am writing this a day after some poor housing data in the US saw the USD get kicked, mashed, belly-flopped, Chinese burned (the most painful) and jumped on to the tune of 200
The foreign exchange market, in which investors buy and sell currencies around the globe, is the world's largest financial market.
To be wealthy is to have enough money to live the way you wish to, while having enough to branch out and achieve your life goals.