Carnage in markets as Swiss National Bank revokes minimum exchange rate promise. What happened and what does it mean for me? What happened? If you were at your trading screen you just knew something big had happened. Even the biggest, most liquid, Forex market...
Carnage in markets as Swiss National Bank revokes minimum exchange rate promise. What happened and what does it mean for you? If you were at your trading screen you just knew something big had happened. Even the biggest, most liquid Forex market (EURUSD) dropped 180...
Use this telephone trick to find the best (and avoid the worst) Forex brokers & spread bet providers No one could say we’re short of Forex brokers and spread bet providers to choose from… There are literally hundreds of them out there! Of course some firms...
Why are these 3 currency markets hitting the headlines and how could you profit? PLUS: your weekly eletter is getting a makeover! See details below… Here we are, back in the saddle already! I do hope you had a lovely Christmas and let me take this opportunity...
It’s that time of year again already… The markets wind-down, the big players jet off to sunnier climes (or to their alpine retreats) and we’re left with what can be treacherous trading conditions. So will you be taking a trading break over Christmas? The final call is...
12 November 2014 Why my new FX Trading technique changes everything… Hi Tommy I often ask people what’s on their ‘trading wishlist’… About the things that matter above all else in their idea of the perfect trading strategy. I get the same...
09 November 2014 KATO UNMASKED! Why I can finally reveal my true identity Hi Tommy It’s Rich Fitton here… “Who?” I hear you ask. [Whispers behind hand]: “It’s me, Kato. Rich Fitton is my real name!” Yes, I’ve been...
Use This Futures Trader’s Trick to Reveal Hidden Support and Resistance Levels I’m right in the middle of writing a new beginner’s guide to Forex trading… You’ll be invited to see it all in full very soon but I thought I’d share the...
Remember last week I asked for your feedback on my “Summer Special” trading report? I had three ideas in mind and asked which you’d prefer to see fully developed. I also asked for your own suggestions of other trading topics you’d like me to...
I’ve been thinking about position sizing a lot recently… If you’ve been reading my stuff for a while you’ve probably seen me refer to the five essential parts of a well-rounded trading strategy: What to trade, when to enter a trade, when to...
Congratulations! You’ve just completed your apprenticeship at the Trader’s Nest trading academy. You’ve taken your first steps on the road to becoming a successful trader. But the education you’ll receive from the markets can never be truly...
Now we’ve spent a bit of time looking at the exciting bit – actually placing trades – I need to back up again for just a short while and cover a bit more theoretical stuff. I don’t want to kill your enthusiasm to immediately go and look for trades. But we...
In this module we’re going to look at what is probably the biggest deciding factor in your success as trader – your mindset. By now, you’ve seen some good basic technical trading methods to use in the markets. And we’ve also discussed the best...
Well, my idea of the 5 keys to a successful trader’s mindset certainly struck a chord last week… Yes, I received a LOT of feedback. So thank you so much to everyone that took the time and trouble to write in. I’ve heard all about the mindset issues...
I’ve got something very exciting in the pipeline for you… It’s a new (and FREE) online resource designed to help you make more money from your trading (whatever your experience). You’ll have access to tools, strategies and a community where...
Everyone knows the big market-moving reports, right? I’m sure you’re well aware you need to have your wits about you on the first Friday of the month. That’s US job numbers day. And crazy things can happen in the currency markets when the reports come out at half past...
If you’ve been trading for a while I’ll bet you’ve done this… It’s the old ‘Spreadsheet Millionaire’ exercise. You know, where you layout a foolproof master plan to prove how quickly you’re going to trade your way to a million. And all by averaging ‘just’ a 2% daily...
Is it me or do the markets feel all jumbled up at the moment? October has a reputation as a tricky month to trade at the best of times but we’ve seen some real eye openers in the last few weeks. I thought we’d do a quick scan of the main suspects in this...
I’ve got a totally chilling (but true) story for you today. This took me right back to fears from my own childhood, so let me set the scene a little… Back in the early eighties, when I was around 8 or 9 years old, we lived a few miles away from a town called Northwich...
Can you ever really ‘master’ a complex skill like trading? Maybe. If you had the aptitude and the time to set aside you could indeed become the next market wizard. But is it even necessary to reach the level of mastery? The great thing about trading is the sliding...
In 1645 a Samurai swordsman called Miyamoto Musashi wrote a manual on fighting… His guide is called A Book of Five Rings and it’s become quite popular in recent years throughout the West… From boardroom to trading floor, this book gets pulled off shelves and out of...
We covered quite a bit there in the Trading Methods section. So let’s have a recap of the important points before we look at Money management. What to trade? We started out looking at the markets I’m sure will give you the greatest opportunities as a home...
Once you’ve entered a trade, your first job is to remove risk as soon as possible. Remember, it’s survival first! If you can move your protective stop loss order beyond the price at which you entered the trade you’ve created a risk-free proposition....
Even before you pull the trigger on your entry order it’s essential you know the price at which you’ll bail out if the market moves against you. This is what lets you assess the risk involved in placing the trade and perform the necessary money management...
