Forex

Forex

Why ‘truer’ markets could prevent World War 3

Remember that English guy who carried out the ‘biggest military hack of all time’ a few years ago? Gary McKinnon hacked straight into NASA’s systems from his house in Scotland! Luckily he was only on the hunt for photos of flying saucers, but imagine the damage he could have caused with a bit of real […] [...]

5 Qualities of Common-Sense Traders

Common sense can be a rare and peculiar beast in today’s digital age. I’m sure you’ve seen those stories of people driving into canals and lakes because the sat-nav in their car told them to ‘turn right!’ Well, it can be a similar case when less responsible traders go after the huge opportunities the markets […] [...]

How to avoid the sworn enemy of trading

When markets cease to function properly, like they do from time to time… (I’m taking SHOCK events that send things spinning out of control) …most players make a run for the exits. They get the hell out and watch from the sidelines until the dust settles. And this has a big effect. The buying and […] [...]

How to avoid the sworn enemy of trading

When markets cease to function properly, like they do from time to time… (I’m taking SHOCK events that send things spinning out of control) …most players make a run for the exits. They get the hell out and watch from the sidelines until the dust settles. And this has a big effect. The buying and […] [...]

Forex V Futures – which is best?

Reader ‘KN’ asks: “What’s the difference between trading ‘Forex’ and ‘Forex futures’ and when would you use one but not the other?” It’s a good question. What we’re looking at here is ‘Spot Forex’ traded via a spread betting company or a broker V’s the currency futures contracts (typically traded by professional traders on the Chicago […] [...]

How to see the markets in ‘High Definition’

There’s no doubt about it, good trade management is a skill that can only develop through conscious practice. There’s no real short cut other than to expose yourself to the feelings and emotions you’ll go through as you put real money on the line. Unless you have psychopathic tendencies (the good kind!) of course, in […] [...]

How to see the markets in ‘High Definition’

There’s no doubt about it, good trade management is a skill that can only develop through conscious practice. There’s no real short cut other than to expose yourself to the feelings and emotions you’ll go through as you put real money on the line. Unless you have psychopathic tendencies (the good kind!) of course, in […] [...]

When should you pay for ‘performance enhancement?’

We’re pretty lucky as home-based traders. Almost all the tools we need are free. But, there are small investments you can make in certain ‘performance-enhancing tools’ that can really pay-off. The trick is to know where the point of diminishing returns lies before you decide to spend your money. That means asking yourself: – Am […] [...]

The essential ‘trade-slicing’ secret of wily market wizards

There’s a ‘not-so-secret’ trick to achieving smooth growth to your trading account that I’d like to tell you about. Let’s start at the very beginning… Imagine a typical ‘advanced beginner’ trader. He’s been out and about in the markets. He’s got a few tales to tell and earned some battle scars. And he’s going alright […] [...]