Trading Psychology

TIMELY EXIT “Successful Trading Is Not About Being Right.” – VTI What is your tolerance for pain? Consider the following scenario. You have 10% of your account balance on the line. For the past two days, prices have been going in the direction you had anticipated, but today, an announcement was made that caused a […]

Do you want to be a successful trader? Then you need to unlock your potential and develop the right habits and routines. Experience shows that people want to keep doing what they are doing, while expecting different results. In trading, that means they carry on trading in a certain way even when it brings poor […]

Trading whether forex trading or stock trading is a lucrative business which is rewarding traders and brokers handsomely. Due to the massive profits realised when engaging in any form of trading, many people are contemplating becoming traders. However, there is one major stumbling block that most prospective traders face i.e. learning trading skills. Trading is […]

Do you want to be a successful trader? Then you need to unlock your potential and develop the right habits and routines. Experience shows that people want to keep doing what they are doing, while expecting different results. In trading, that means they carry on trading in a certain way even when it brings poor […]

DO YOU WANT TO BE ENTERTAINED OR RICH?…IT’S YOUR CHOICE I came across this excellent chart the other day. It shows those times in history when the S&P 500 doubled over a ten year period and the trajectory that this doubling took. Please see here for a relevant chart: https://www.tradinggame.com.au/want-entertained-rich-choice/ Much commentary that followed on […]

WHY ONLY SORBONNE-EDUCATED, LITERATURE PH.D.S SHOULD CUT YOUR HAIR You get a haircut every few weeks. Everyone does. Men, women, children. Even balding men need a trim occasionally (as I’m finding out, sadly). But what if I told you that you’ve been doing this all wrong? What if I told you that your barber, or […]

The USD/CHF did not make any significant movement last week, neither is it expected to make any significant movement this week (because volatility would thin out). Price is thus expected to oscillate between the resistance level at 0.9950 and support level at 0.9800 within the next several trading days. However, a breakout will occur early […]

RANDOM THOUGHTS FROM LIFE ON THE ROAD Louise Bedford and I have just wrapped up about a month of travelling to different states and presenting, which is something we haven’t done for probably 15 years. It was an interesting adventure and good to get out from behind the screen and talk to people. When I […]

Gold has been depressed and has underperformed other assets since 2011 when the yellow metal parabolic rise ended. There are many reasons why gold is depressed. The media cites three main reasons; rising stock markets, dollar strength and the distraction from bitcoin. To say that gold is weak because the stock market is rising has […]

The USD/JPY pair is bearish. Price went downwards by 100 pips last week, closing on a bearish note. There is a Bearish Confirmation Pattern in the market, and it is possible that the demand level at 111.00 would be tested again. However, a rally is expected before the end of this week. EUR/USD: This currency […]