Inside The Trader’s Mind
Over the next couple of weeks we will give you some of our thinking about why we are all different in our trading success. We have been asked what kind of results will we get with your trading system, what percentages of success will I get? Let’s look at two traders. They have the same [...]
July 3rd, 2008The Excitement of a Flat Market
We have heard many complaints from traders about the market being flat, the market is dead etc. Is that the real problem or is it that traders do not know what to look for when the market is going sideways? For new traders it is soon learned that sideways markets are great set ups for [...]
June 30th, 2008Trading in Larger Time Frames
There are three main trading styles. They are: Day traders 1-5-15 minute time frames Swing traders 30 minute to 4 hour time frames Position traders 1day and longer (These are general rankings for the time frames of the trading styles) Day traders go for smaller numbers of pips and large number of lots. They [...]
June 26th, 2008Holding Trades For A Few Minutes or a Few Days
We hear the pros and cons of trading short term vs. long. If a traders wants to sit in front of their computer for long hours day after day then they can trade short term. If traders love to trade and want to have a life in addition to trading they should look at using [...]
June 16th, 2008A Conversation I Had
I was talking to another trader about what a currency pair was setting up to do. We both came to the same conclusion. We were waiting for the 4 hour chart to create its next candle to see what the market was saying. What we were looking for was the changes in direction on the [...]
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