There’s no doubt about it, good trade management is a skill that can only develop through conscious practice. There’s no real short cut other than to expose yourself to the feelings and emotions you’ll go through as you put real money on the line....
I’d like to talk a bit about ‘scalping’ today. Especially since the meaning of the word has shifted somewhat in recent years. “Scalping” can sound a bit intimidating, like you need to be some kind of psychopathic mercenary to do it. And...
I’d keep doing this just for the hell of it… Even if there was nothing to ‘gain’ in the end. It’s a mental workout so satisfying when all the clues fall into place, and I get that first glimpse of clarity, that I’d probably pay to...
An email arrives from trader ‘Ian B’… And, unbeknownst to Ian, he’s actually unravelled the hidden code used when I developed my own flagship end-of-day strategy! Let me tell you how and why it happened… When you start a project you have...
Shhh! Don’t tell anyone, but I’m about to give you something very valuable. You might think it’s ‘only’ an idea. But this concept has been responsible for creating serious fortunes. And it’s particularly well suited for making new...
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 well earned break over Christmas? The final...
I know metals aren’t exactly ‘of-the-moment,’ what with all this talk of Cryptocoins lighting up your inbox, but Gold headlines have been catching my eye… “Korean threat sparks Gold gains” “Gold could reach $1,400 as drums of war grow louder” “Gold bearish reversal...
Last week’s email about Crypto coins and Initial Coin Offerings (ICOs) got a few people hot under the collar… One reader is even in the process of launching his own coin and wrote in to tell me how he found my comments a bit ‘out of order.’ Here’s what he said: I read...
Back in the olden days, before iPhones and social media took over the world, the best way to chat to other traders was through internet forums. Now these forums were a bit hit and miss. Some of them were plagued with bullying and name-calling, some of them...
A question comes in from a client… “I particular love the _______ approach but find that certain important market factors are out of the ________ analysis such as Volume and Currency strength. Don’t you think these two factors somehow should be...
I was at a breakfast meeting once, and this ex-special forces guy gave a presentation on applying hardcore tactics to everyday business. One thing that really stuck in my mind – and immediately changed how I approached my trading – was the way they stay...
Today, I thought I’d walk you through a nice and simple Swing Trading technique. It’s a handy one to have in your arsenal if you can’t watch the screen because it uses the bigger timeframes… You can use it on the daily charts (handy if you like to...
I’ve just been reading about a fascinating trading experiment… It all started when Austrian financier Michael Marcovici kicked off his weird art project. He intended to show how highly paid jobs could eventually be replaced by machines but I think even he...
Liverpool’s famous waterside skyline Did you know Liverpool had one of the very first futures exchanges in the world? You probably knew that importing and exporting was a big part of the city’s success in the nineteenth century. And sadly, the slave trade played...
Remember the ‘Pyramiding’ lesson from Jesse Livermore I covered in last week’s issue? Well, it’s just about THE best way to build a long term trading position that offers huge potential profits from tiny initial risk. It’s a...
At the weekend I watched this film about a crazy horse race in Italy… It was recorded in Italian with English subtitles but it had me hooked from start to finish (and since I speak barely a word of Italian beyond ‘ciao’ this was quite something). Twice a year,...
“The trend is your friend (until the bend at the end)”… Have you ever heard that bit of old trading wisdom? It’s a bit tongue-in-cheek, I know. But isn’t it a thrill when you catch a reversal point in the market and watch the others...
My family all went to the Cheshire Game and Country fair yesterday. It’s the kind of place where they have gundog displays, ferret racing, and – my favourite – the falconry display. And this was particularly good timing because I did want a quick...
Not far from where I live there’s a strip of reclaimed marshland. It’s sandwiched between the M56 and the River Mersey. And sometimes people can be spotted doing some rather strange things down there… There’s a Zorb football pitch (where...
I’ve another client question to share with you this week. This one will give you a deeper insight into the results other traders are achieving. And it could also help you steer your way out of a nasty mind-fog if you ever find yourself in a similar...
I felt his pain. I really did. His words summed up a very common frustration. Personally, I remember a similar situation very vividly: a feeling that the markets were somehow conspiring against me. That somewhere, behind the scenes, my carefully prepared trading plans...
A few weeks ago, back in June, I sent you some information about an investment workshop I’d been to in London. It was the PIE trading course run by Glynn Calvert and Paul Glynn. The one that can give you 12% to 28% annual returns from quick, simple, and very...
Well, what a week that was! I stayed away from any active trading during Brexit week. If you’re a member of Overnight Momentum Trader or the Forex Breakthrough Academy you would have seen my suggestions to watch from afar and wait until the dust had settled. But...
I’ve been flicking through my charts of the main markets this morning… Just getting a feel for how things currently sit as Brexit jumpiness starts to creep in. And it occurred to me how I’ll switch between the different chart types depending on the...
