I want to touch on 4 key elements that are a part of any successful trading business and part of process of almost all successful traders. In the studies we have carried out and the work we have done with traders, the following 4 elements keep appearing in the successful trader’s daily process. These should [...]
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Have you ever undertaken the follow path at some stage in your trading career? Many traders start out on a demo Forex Account through free platform and demo account providers. They tend to treat demo trading as a game and this is where some of the dangerous bad habits are created and follow through on [...]
SETTING AND ACHIEVING YOUR GOALS Successful individuals and organisations have a very specific characteristic that separates them from the rest of the crowd – they are goal orientated. This applies in all areas of life and trading is no different. To understand the chasm between successful traders and those [...]
What Do You Believe –Part 1 In today’s article we are going to explore another of the undisputable “laws of trading” the magnitude that our beliefs have on our trading success. There are certain things we need to understand about beliefs before we make the connection with trading. What you believe determines: how you view [...]
Lets go through yesterdays session for the dax futures as we had an interesting trade. We got a short entry against the trend with a precise entry price of 7277.50 and a standard stop at 12.5 points above the market. We sold off down to 7192 and bounced back to our trailing stop at 7246.00 [...]
New Traders Post – Traders Skill Set – Learning to Trade It really makes no difference whether we are day trading, swing trading, or scalping- there are certain fundamental skills that each trader must master. Skill-building activities will help you sharpen your ability to make money consistently trading the markets. I have listed some of [...]
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