The indisputable top-priority for traders

The indisputable top-priority for traders

You never really know what the market will serve up next. Will it be a profit or will it be a losing trade? Consistent profits actually come from a random pattern of winning trades and losing trades. It’s only when you’ve got a proven system in place you’ll have...
A System V Strategy Death Match

A System V Strategy Death Match

A question comes in from a TN reader: ‘Aren’t you contradicting yourself when you’re dissing off the peg “forex systems” at the very same time you’re promoting the use of them?’ It’s a fair point, and one that probably...
The 5 essentials of ‘unshakable’ trading

The 5 essentials of ‘unshakable’ trading

Happy New Year! I hope you and your family had a happy festive period and didn’t overindulge too much. Anyway, the markets are back in action, and the brokers returned to full and normal hours this week, so it’s back to business… Now, the big thing...
This will NOT suit show-offs

This will NOT suit show-offs

Here’s a question I get asked on a regular basis: How can I fit trading in around my job and still make consistent profits without having to check charts during the day? The good news is there are loads of ways! The trick of course is finding the way that has...
3 ways to avoid weekend market carnage

3 ways to avoid weekend market carnage

A question comes in from a worried Trader’s Nest reader… “I’ve got this trade that’s well in profit. My usual strategy is to trail the stop loss so I can lock in some of the profits and then give the trade a chance to turn into a long-term one....
3 ways to use Moving Average Envelopes

3 ways to use Moving Average Envelopes

The trend is your friend (well, until it bends at the end). Cheeky, I know! But I’m only poking a bit of light-hearted fun here. 9.76 times out of 10 following the trend is EXACTLY what you should do. But… isn’t it a thrill when you DO nail a...
5 signs you are a ‘punter’ not a trader

5 signs you are a ‘punter’ not a trader

You know, there’s a fine line between trading and gambling. One way has you flying by the seat of your pants. The other has you operating with cool calculated professionalism. But to all intents and purposes the exact same actions are taken either way. So how on...
The deadly dangers of ‘Pip-thinking’

The deadly dangers of ‘Pip-thinking’

Sometimes, traders come to me with a glaring gap in their strategy. One common oversight can be the thing getting in the way of good results. It’s this… Many traders think of their trade results ONLY in terms of pips won or lost. Nothing wrong with that...
7 trading demons that will steal your soul

7 trading demons that will steal your soul

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...
What to do if ESMA killed your system

What to do if ESMA killed your system

I’ve had emails from traders at their wit’s end. The new ESMA regulations have pretty much put them out of business. At least, as far as trading in their ‘old ways’ goes. Personally, I don’t think ESMA is a big deal. At least not for...
Death of the DIY trader?

Death of the DIY trader?

I detect a whiff of panic… All these emails I’ve been receiving about the new ESMA regulations. Honestly, you’d think the world was coming to an end or something. And I don’t mean emails I’ve been receiving from TN readers – most of...
Why ‘truer’ markets could prevent World War 3

Why ‘truer’ markets could prevent World War 3

Remember that English guy who carried out the ‘biggest military hack of all time’ a few years ago? Gary McKinnon hacked straight into NASA’s systems from his house in Scotland! Luckily he was only on the hunt for photos of flying saucers, but imagine...
5 Qualities of Common-Sense Traders

5 Qualities of Common-Sense Traders

Common sense can be a rare and peculiar beast in today’s digital age. I’m sure you’ve seen those stories of people driving into canals and lakes because the sat-nav in their car told them to ‘turn right!’ Well, it can be a similar case when less...
How to avoid the sworn enemy of trading

How to avoid the sworn enemy of trading

When markets cease to function properly, like they do from time to time… (I’m taking SHOCK events that send things spinning out of control) …most players make a run for the exits. They get the hell out and watch from the sidelines until the dust...
Forex V Futures – which is best?

Forex V Futures – which is best?

Reader ‘KN’ asks: “What’s the difference between trading ‘Forex’ and ‘Forex futures’ and when would you use one but not the other?” It’s a good question. What we’re looking at here is ‘Spot Forex’...
How to see the markets in ‘High Definition’

How to see the markets in ‘High Definition’

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....
Why I’m a fan of scalping

Why I’m a fan of scalping

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...