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The 7 demonic acts of traders

The 7 demonic acts of traders

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...
Reverse engineering the ‘anti glory-trade’

Reverse engineering the ‘anti glory-trade’

I first set off trying to find my own way through the trading jungle, just like you probably have. I bought the books, followed the ‘gurus’, set about looking for the Holy Grail (you know, the one system to rule them all!) But it was only when I stepped back and took...
5 steps to beat trading stress

5 steps to beat trading stress

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....
What makes winning traders suddenly jump ship?

What makes winning traders suddenly jump ship?

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...
The mind-bending effect of ‘real money’ trading

The mind-bending effect of ‘real money’ trading

How do you learn to be a really good trader? A typical experience might be to learn a trading strategy, apply it to a demo account (or paper trade it) and then take it live once some virtual profits have been seen. And that’s a perfectly sensible way to go about...
Release Your Inner Reptile

Release Your Inner Reptile

Remember the classic 80’s film Trading Places? Two rich old brothers swap the lifestyles of a beggar and a fancy commodities broker to settle a twisted $1 bet. They set out to prove once and for all whether nature or nurture dictates how successful a person can be....
How to use true ‘set and forget’ orders

How to use true ‘set and forget’ orders

A question arrives from reader Tony B… “If the market was above the eurusd figure [the price he wants to buy at] how could I have placed the limit buy orders please? Should I put an alert on to wait for the market to drop?” Now Tony is one of our...
The 2-pronged exit method

The 2-pronged exit method

Scaled exits are nothing new. It’s not some cutting edge technique I’ve just invented. But scaling isn’t often discussed when it comes to Forex trading. You’ll read about the old masters of trading scaling out of their trades – they were doing...
The secret of ‘golden hour’ trading

The secret of ‘golden hour’ trading

Keeping a journal is absolutely essential for traders. It’s the one guaranteed way you can improve your trading. And I think there are 2 parts to keeping good trading records. There’s 1) The Trading Journal and 2) The Record of Results. At first glance they...
How to trade a healthy trend

How to trade a healthy trend

I had a similar conversation with two different people this week… It’s about trends. Or more specifically: a) How do you know which ‘segment’ of a big overall trend to measure and work with? And: b) How far back in time should you go when measuring trends and drawing...
How to trade when the weekend comes

How to trade when the weekend comes

A question arrives from a TN reader: “I’ve got this trade that’s well into profit. My usual strategy is to trail the stop loss so I can lock in some of the profits and then give the trade chance to turn into a long-term position. But what do you...
5 tips for new home-based traders

5 tips for new home-based traders

If you already have some experience you’ll know full well it is certainly possible to trade from home around a day-job. You CAN get started with a very small trading bank (and it’s nothing to be ashamed of). And, if I’ve been doing my job properly,...
5 bad habits that break good traders

5 bad habits that break good traders

Everyone has the ability to make money from trading. These days the financial markets are a genuine ‘open access’ opportunity to one and all. Making money is simply a matter of repeating the same effective steps time after time. It’s all about...
3 reasons to shred your 4DFX invite

3 reasons to shred your 4DFX invite

On Thursday 9th May you will receive a special invitation from me. It’s for my new 4DFX program. I’ve been dropping hints about it these last couple of months. And, behind the scenes here, it’s been creating a bit of a buzz. Traders keep emailing me...
2 rules for free and easy trading

2 rules for free and easy trading

I’ve been reading Market Wizards by Jack Schwager again recently and in the book one of the traders mentions getting to know just one individual market really, really well. So, is this still a good way to start? Should you focus on just one Forex market or learn...