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....
Everyone knows the big market-moving reports, right? I’m sure you’re well aware you need to have your wits about you on the first Friday of the month. That’s US employment numbers day and crazy things can happen in the markets when the reports come out at half past...
There’s a bit of a learning curve you must go through with any skill worth learning. And trading is no different. A typical experience might be for a newbie trader to learn a trading strategy, apply it to a demo account (or paper trade it) and then take it live once...
I received a real shock at the weekend. We had some friends over for dinner – my oldest mates and their wives/partners. We don’t get together often. Three or four times a year at most. But when we do it’s just like old times – the ribbing and stories of infamous...
Interesting events lit up the news wires at breakfast time Monday… Despite China’s best efforts to prevent it, the Shanghai stock market tanked again overnight Sunday. 8.4% down on the day. 345 points lost. And the second biggest crash in its...
Trading charts: selecting the right tool for the job (3 main chart types and their key advantages) … I’ve been flicking through my charts of the main markets this morning… Just getting a feel for how things currently sit and trying to spot a few good...
12 November 2014 Why my new FX Trading technique changes everything… Hi Tommy I often ask people what’s on their ‘trading wishlist’… About the things that matter above all else in their idea of the perfect trading strategy. I get the same...
09 November 2014 KATO UNMASKED! Why I can finally reveal my true identity Hi Tommy It’s Rich Fitton here… “Who?” I hear you ask. [Whispers behind hand]: “It’s me, Kato. Rich Fitton is my real name!” Yes, I’ve been...