Accept Losses and Become a Consistent Trader

IC Markets No Comments Tags: , , , , , , ,

Learn to take losses. The most important thing in making money is not letting your losses get out of hand – Marty Schwartz Accepting loss to gain trading consistency is an interesting paradox. Every good trader endures loss. The difference between a successful trader and failure is understanding how to handle loss. Whether we choose … Continue reading Accept Losses and Become a Consistent Trader

How to Build a Forex Trading Plan: A Compilation of Parts 1-4.

IC Markets No Comments Tags: , , , , , , , , , , ,

Without a trading plan, successful trading is unlikely – you’re effectively driving blind.

The problem is new traders fail to recognise the significance of a trading plan. This may address why many traders find it difficult to accomplish their goals in this business.

Interpret the MACD Indicator Like a Professional: An Introduction

IC Markets No Comments Tags: , , , , , , , , ,

Technical analysis contains numerous indicators, many of which traders use daily in the financial markets. Few, however, attain the popularity of the Moving Average Convergence Divergence (MACD). Developed in the late 1970s by a gentleman who goes by the name of Gerald Appel, the MACD is primarily defined as a price momentum oscillator, although often … Continue reading Interpret the MACD Indicator Like a Professional: An Introduction