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...
How to ‘hunt’ trades using primal wisdom

How to ‘hunt’ trades using primal wisdom

I was watching a good Bruce Parry documentary at the weekend. He goes and lives with the Penan people. They are one of the last pre-agricultural hunter gatherer societies that live nomadically. Now their society may not be ‘advanced’ – at least...
The double-lazy  ‘3P’ power formula

The double-lazy ‘3P’ power formula

A heart-warming message arrives from Rob S: ‘Major Personal Milestone!’ he declares. He goes on to say how he’d achieved a 7% profit on account for the week. And this all coming on the back of a very fast learning curve – Rob started trading from...
The benefits of going fully naked on your charts

The benefits of going fully naked on your charts

You might know I’m not a massive fan of technical indicators… I’m talking about things like Stochastic Indicators, MACD, RSI and all those other exotic sounding tools. If you’ve been following my stuff for a while you’ve probably noticed...
The Reality Tunnel

The Reality Tunnel

I can tell when I’ve hit a proverbial hole-in-one (when it comes to educating on trading psychology). The emails come flying in and opinions are FIERCELY divided. Take last week’s missive on ‘winning through losing’… If you didn’t...
How to avoid a trading ‘hangover’ this Easter

How to avoid a trading ‘hangover’ this Easter

With Easter almost upon us it’s time for a gentle reminder: What to do when coming back to trading after a break. It’s only natural to feel a little bit off-kilter after you’ve been pulled from your normal routine, even for a short spell. The processes you use...
2 trading lessons that changed me forever

2 trading lessons that changed me forever

Today, I’d like to tell you about two pivotal lessons in my own trading education… Lesson 1: Reading Richard Dennis’ famous quote: “I always say you could publish trading rules in a newspaper and no one would follow them. The key is consistency and...
How to be the ‘Bruce Lee’ of trading

How to be the ‘Bruce Lee’ of trading

When you put a lot of work into your chart analysis you run the risk of ‘marrying’ your opinion. It’s easy to become blinkered to any other possibility but the one you envisage. You may analyse the markets yourself, or you might invest in the picture...
My Simple Success Sequence in Just 3 Steps

My Simple Success Sequence in Just 3 Steps

Here’s what happens when I talk to traders who struggle… I ask them to tell me about their experience: the systems or strategies they’re using, and the results they’ve recorded so far. And what they tell me usually suggests something like this: 1)...

The ‘Artist’s Easel’ charting method

Imagine an artist scrutinising his almost-complete masterpiece… Holding hand to chin and with narrowed eyes the artist steps away from the easel and gives his canvas a good check-over from a few paces back. He steps to the left and dips his head for an...