We understand that this is a perfectly natural question, especially for newer traders. Unfortunately, it is difficult to answer. To a degree, we believe it depends on the person who is doing the asking. With that in mind, let’s have a look at some of the key points relating to this subject… Time Learning to … Continue reading How long will it take before I can expect consistency?
Unless you intend on trading one market at a time, it is vital to understand how different instruments interact with one another. A correlation, in simple terms, describes how much (or how little) two markets move together over a period of time. The key thing to remember is that financial markets DO NOT trade in … Continue reading Identifying correlations
Mistakes happen. This is a part of life. More importantly, it’s how we learn and progress. Mistakes in the trading business, however, can be costly. In addition to this, it can also discourage newer traders, eventually forcing them to throw in the towel. To help shorten the learning curve, we’ve come up with a brief … Continue reading Common forex trading mistakes
A military sniper’s edge is not only crucial, it’s also extremely extensive! Determining distance, selecting camouflage, preparing a suitable location, making sure that the rifle is well-sighted, having the correct mindset and showing patience are just some of the components that help form a sniper’s edge in the field. Without it, there could potentially be … Continue reading What snipers can teach you about trading
Have you ever found yourself unsure of what order to use, or where to correctly position it? If you have, then this article will help in providing a good foundation. It’s surprising how often we find traders that do not understand even the most basic entry order techniques, yet they feel they’re ready to tackle … Continue reading A basic introduction to the different order types used in the forex market