Indicators and Oscillators Anyone hoping to enter the world of trading may find themselves bewildered by the vast array of jargon that is casually thrown around. However, in reality the concepts are not that difficult to grasp. Indicators and oscillators is a phrase often heard in the market and is a fundamental part of technical […]

My Discipline Is Being Tested When I first started trading with Forex I always got attached to my trades that it had a direct impact on my actions and even affected my self-esteem.  Every time I won I felt like a million and seriously believed I finally “got it” and can’t possibly lose again so […]

Scaling into Positions Sometimes you want to place more money on a trade than you know you should. In trading, it is very important not to risk too much, because you can’t tell which trades are going to go against you. That means you must work out your “expected” loss, the downside of any trade, […]

Martingale and Anti-Martingale Trading Strategies Martingale has to be one of the most popular and recognised gambling systems around, with the system dating back to the 18th Century. Many of the systems sold on sites such as eBay simply contain a basic martingale system with maybe one or two slight changes to spice things up […]

Forward Testing Many traders are familiar with the concept of back testing their trading strategy, but often less thought is given to forward testing. Back testing is straightforward. You take historical tables or charts, pretend that you had been trading at that time using the strategy you are testing, and you see if the results […]

Trading Web iPOs Web IPOs in general have a chequered history. No matter how good the fundamentals of the company, such IPOs have not always enjoyed great success. For example, according to the Renaissance Capital listing of biggest Web IPOs, out of all the 10 companies in their list, just one – Google – has […]

Interest Rates and the Federal Reserve First of all it is well noting that higher interest rates translate into higher costs for businesses to borrow and can lead to currency appreciation which is in turn disruptive to a country’s manufacturing industries. Higher interest rates also affect consumers which has less disposable cash to spend in […]

Mental Noise and The Importance of Exercise and Fresh Air Trading can be an all encompassing endeavor that is hard to shut off. Your mind just keeps going on and on and on. The mental noise can often be a distraction and extremely detrimental to your trading. If you are a discretionary trader the mental […]

Flexibility…No I’m Not Talking About Stretching Successful trading is very much a counter intuitive game. It often requires you to be extremely mentally flexible and rigid in that flexibility. Yes, I did just use the words flexible and rigid in the same sentence. On top of that, I said you need to be rigidly flexible […]

A Discretionary Trading System A discretionary trading system is one where you have an element of personal choice in what spread bets or trades you are going to place and when to exit them. This is in contrast to a mechanical trading system, where your actions are dictated in advance, and you are expected to […]