Are you trading a ‘Frankenstein’s Monster’ System?

How to Create Your Own Market-Beating Trading Systems in 7 Easy Steps Have you ever designed your own trading system? I’m just going through the system rule-setting process myself… If you’d stepped into my office last week you’d have caught me hunched over the...

Financial Astrology and The Law of Vibrations

Here’s a fascinating story… This trader left behind a reputation as one of the greatest to have ever lived. He reportedly took over $50 million dollars out of the markets for himself and his clients. Yet when he died in 1955 there was little left to show. I’ve always...

Do you pass the psycho trader test?

Two groups file into a room… Eyeing each other suspiciously they settle down into private booths. They’re about to do battle. To the left we have the psychopaths – hooligans, violent serial offenders, and worse. To the right we have the financial traders. To win this...

7 Mental Workouts to Improve Your Trading Results

What’s your favourite piece of trading wisdom? If you’ve been reading my newsletters for a while you’ve probably heard me mention mine: “An act of self preservation in the ‘normal’ world can have the exact opposite effect when...

How to Trade Summer Markets Profitably

PLUS: Which of these 3 trading topics would you like to know more about? Have you traded your way through the ‘Summer Doldrums’ before? There’s nothing to worry about, it’s just the seasonal nature of the markets at work. Things can sometimes go a bit quiet. It’s the...

Which of these 5 deadly trading sins will you admit to?

You know one of the biggest problems traders face? The fact it’s just so EASY to place a trade. It all comes down to self-discipline of course. But hand on heart… have you ever taken a loss and then immediately thrown another order in to try and take ‘revenge’ on the...

3 ways to stop losing with any trading system

Ever feel the market somehow knows what you’re up to? You buy on a breakout… only to see price immediately reverse. You move your stop loss order to breakeven… only for the market to stop you out, swivel around, and then continue back in the ‘right’ direction. And...

What Cub Scouts can teach you about profitable trading

This was like time traveling into the past… One of my boys enrolled into the local Cub Scouts pack last night and I went to watch the ceremony. They chanted as the flag was hoisted – “A-ke-la, we’ll-do-our-best”, they made the same promise to do their duty to God and...

New CHART WARS!

How to Profit From The Eternal Battle Between Bull and Bear What do you see when you look at a trading chart? Almost certainly price will be there. Time may or may not make an appearance (depending on which kind of chart you’re using) and there may also be your own...

Pimp My Trading Strategy

Don’t Scrap That Trading System – Give it a ‘Tune-Up’ Instead! It was the most nerve-jangling thing I’ve almost ever done… I say ‘almost’ because it never actually happened. Not this weekend anyway. But it’s been penciled back in the diary for sometime in June...

Is it time to stockpile chocolate?

Is chocolate your thing? If it is, you might want to stock up on discounted Easter Eggs. According to scare stories in the financial press, global demand for chocolate is outpacing supply. And it’s driving the retail price of chocolate through the roof! But...

My top 3 candlestick patterns for spotting trades

You know the very first thing that gave me early success in the markets? It was a simple candlestick pattern: the bullish or bearish ‘engulfing’ candle. Now this only came after I’d been through the mill a bit… Yes, I’d fallen prey to various ‘magical’ combinations of...

‘Probe Trade’ strategy makes $9,565.30 with just $100 risk

What’s the best way to build a trading position that offers huge potential profits with tiny risk? Remember the lessons from Jesse Livermore I covered in last week’s issue? Well, one of those suggestions covered his method of testing the water with little...

5 crucial lessons from the Boy Plunger

It’s that time of year again… As soon as there’s a whiff of spring in the air, I get the urge… Yes, I’m just starting my annual re-read of Reminiscences of a Stock Operator. So while the natural world wakes up from its winter slumber and starts to think about...

NEW Try this free trading assistant software

PLUS The Secret History of Liverpool’s Commodity Futures Exchange Did you know Liverpool had one of the very first futures exchanges in the world? I had no idea – and it’s only 25 miles from where I live! You probably knew that import and export was a big part...

Ukraine crisis to trigger surge in gold price?

PLUS: When to trade Forex using Futures contracts instead of spread betting I really didn’t think things would happen this quickly… In January, when I wrote about my big trading themes for 2014, I had no idea so much would happen in the space of two short months. And...

Missed flights, muddy trenches and train thieves…

Events outside the markets taught me another important trading lesson this week… I’m currently away skiing, and as I write, the sun is lighting up a mountain peak that towers over the village… My children are merrily sledging away on a slope at the back of the...

Trading channels – the hard way, and the easy way

A price that’s bouncing neatly between two levels can be a real gift to traders. Just buy at the bottom of the range… and sell at the top of the range. Easy money! Right? Well, there are certainly great opportunities to make money this way… but turning this simple...

The boy plunger’s trading tricks for more profit with less risk

Do you ever get these feelings when a trade starts showing a nice profit… …deep down you know you should be letting the trade run-on, but the urge to cash-in becomes almost unbearable? Today, I’m going to show you two little tricks my mentors taught that helped me...

3 tricks for trading economic news

Do you trade the economic news releases? Some traders thrive off them… the sudden injection of volatility can send the market soaring. One-hundred-pip moves in less than a minute are not unusual. You can tuck away a week’s worth of profit in less than the time it...

Ichimoku trading: what can go wrong

I know that many Maven readers are keen to start using Ichimoku signals on their charts following my email two weeks ago. You can still catch my explanation on the website HERE. And here’s a brief recap of what you need to know… So, the red and blue lines on the...