April 17th, 2008

A Successful Currency Trader

Your success as a Forex trader is measured primarily by your commitment to studying the markets, learning trading signals, being patient, and waiting until good trades make themselves known. It is also important to manage your money by the amount of lots you trade and where you place the stop losses. Avoid comparing yourself to [...]

March 26th, 2008

Timing Is Crucial

We talk a lot about trading in the direction of the trend on the 4-hour chart. That is still one of the key elements of successful trading. It is not only important to follow the trend but you should be aware of a strong trend vs. a weak trend. This can be accomplished in part [...]

March 17th, 2008

More Complicated Isn’t Always Better

Much time can be spent reviewing charts, reading and listening to the news, and looking at numerous indicators and signals before entering or exiting a trade.  That method is tiring and mind-boggling.  After years of trading and talking to other traders there is a common consensus that simple is better.  This is where I like [...]

February 25th, 2008

Follow The Crowd Or Make Money

I would guess that most of us from time to time have followed the crowd, listened to a news program opinion, took a hot tip, followed the advice of a so-called expert, and soon learned that we were going in the wrong direction. It is also true that we, on occasion, have gone against the [...]

February 21st, 2008

Should You Trade The News?

Hi everyone. I’ve been getting a lot of questions about when, how and even if you can profitably trade the news, so I decided to write this post to hopefully answer all those questions. It’s kind of long but I think you will benefit from it. Many times the big pip movements take place when [...]

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