Algorithmic Trading Explained: The Basics

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While many still think of traders dressed in coloured jackets in a crowded trading pit, few people picture a computer server churning away making millions of decisions. It is estimated approximately 75% of all US equity trades are not placed by humans, but by machines, also known as ‘algorithms’. The same algorithmic trend is also … Continue reading Algorithmic Trading Explained: The Basics

Approaching Money Management – A Vital Component

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Markets can remain irrational longer than you can remain solvent – John Maynard Keynes. Like exercising, money management is a concept most pay lip service to, but few unfortunately practice. Just like eating a healthy diet and staying actively fit, money management can seem a laborious, disagreeable motion. It forces traders to monitor positions and … Continue reading Approaching Money Management – A Vital Component

An Introductory Guide to Using Fractals in the Forex Market

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The laws governing the creation of fractals are found throughout nature. Fractal patterns are recursive as no matter how complex the whole, it’s built from many repetitions of the same process. Romanesco broccoli, spirals of pinecone seeds, ice crystals, trees, rivers, leaves and even water drops exhibit the properties of repeated application. The late Benoit … Continue reading An Introductory Guide to Using Fractals in the Forex Market

A Primer to Understanding Basic Chart Patterns

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Do technical trading patterns exist and are they profitable? This is a question often asked by new traders. Depending on who you ask, the response will differ. Some academics and investors believe patterns don’t exist – that price action is entirely random, whereas the majority of technical analysts are adamant chart patterns exist and are … Continue reading A Primer to Understanding Basic Chart Patterns

The Commodity Channel Index: The Basics

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Defined in the October 1980 issue of Commodities magazine (now known as Futures magazine) by mathematician Donald Lambert, the Commodity Channel Index, or CCI, is a momentum oscillator – momentum measures the rate of change of a financial instrument. Since its inception, the indicator increased in popularity and is now a common tool for traders … Continue reading The Commodity Channel Index: The Basics