by Rich Fitton | Nov 26, 2019 | Articles
An email arrives from one my 4DFX members… When looking over the figures he has achieved from his trades over the last month he comments “such a profit situation does not seem to make sense to me.” So I thought I’d use the stats he sent in to...
by Rich Fitton | Nov 19, 2019 | Articles
Sometimes you’re simply out of step with the market. It could be your strategy just isn’t suited to current conditions (even though you are executing with iron-willed discipline). Or it could be caused by something more personal: you might be a bit...
by Rich Fitton | Nov 5, 2019 | Articles
I often hear traders say things like ‘you can’t go broke by taking a profit.’ And it annoys me. I think the key factor you need to consider is how much money you might be leaving behind by bailing out too soon! Leave too much behind on a regular basis and...
by Rich Fitton | Oct 29, 2019 | Articles
Two groups file into a room…eyeing each other they settle into private booths. They’re about to do battle. To the left we have the psychopaths: the hooligans, the violent serial offenders, and worse. And to the right we have the financial traders. To win this game of...
by Rich Fitton | Oct 15, 2019 | Articles
You might think it’s only an idea, but this concept has been responsible for creating unbelievable fortunes. And it’s particularly well suited for making new trading strategies. What is this special sorcery I hear you ask? Well, think how horticulturalists...
by Rich Fitton | Oct 8, 2019 | Articles
You know, there’s a fine line between trading and gambling. One has you flying by the seat of your pants with almost certain disaster looming. The other has you operating with cool calculated professionalism. But to all intents and purposes you take the exact...
by Rich Fitton | Oct 1, 2019 | Articles
Before I start today, I’d like to invite you to an event. You are very welcome to join me on a free webinar I’ll be hosting tomorrow night, Wednesday 2nd October, at 7pm. We’ll be looking at volume profile analysis: one of, if not THE most powerful technical...
by Rich Fitton | Sep 17, 2019 | Articles
As traders we deal with external stimuli. That means things that are happening outside your mind and body. And your brain filters each individual ‘stimulus’ event in two ways… it’s seen as either a threatening event or a non-threatening event....
by Rich Fitton | Sep 3, 2019 | Articles
There’s lots of talk of a looming global recession at the moment. Not to mention the ongoing Brexit politics circus playing out here at home! So who can blame people for turning to potentially lucrative trading strategies in order to hit and maintain their...
by Rich Fitton | Aug 27, 2019 | Articles
I’ve been chatting to some brand new traders recently. Some of them had the right idea of what trading is all about but a few of them were quite a way off the mark. I thought it would be a good idea to go right back to square one today. If you’re a brand new trader,...
by Rich Fitton | Aug 20, 2019 | Articles
Once upon a time I made myself a ‘million-pound spreadsheet’. It was a beauty to behold. I plotted a graph projecting a (theoretical) rapidly growing trading bank and I virtually worshipped the thing. I could probably dig it up on an old hard drive...
by Rich Fitton | Oct 30, 2018 | Articles
It’s Halloween tomorrow. So we’re off on a journey into the ‘dark underworld’ of trading… There are many ways to complicate the trading process and mess things up. And I wanted to get them all laid out in the open today. To beat these trading demons...
by Rich Fitton | Feb 27, 2018 | Articles
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...
by Rich Fitton | Sep 27, 2017 | Articles
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...
by Rich Fitton | Jul 11, 2017 | Articles
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...
by Rich Fitton | Jul 4, 2017 | Articles
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...
by Rich Fitton | May 30, 2017 | Articles
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...
