Entries from July 2007
How do you allocate your trading capital for the best chance of success in trading the financial markets?
There are so many ways and methods to allocate your capital, but let’s just examine it at the simplest and most basic levels.
To make it easier to understand, let’s take a look at three possible choices one can [...]
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Tags: Forex Trading · Money Management · Trading Lessons
The funny thing about trading is that when you are able to manage your risk, you’ll start to see your rewards.
While it may seem to be “negative” to be focused on managing losses, the perspective of the trading reality is somewhat different from what it’s like in real life.
In life and business, it’s good to [...]
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Tags: Trading Lessons · Trading Psychology · Trading Thoughts
I wrote a post earlier about the 5EMAs Forex Trading System, but since then there has been the addition of the Advanced Edition, and some upgrades to the course.
In case you’re wondering what’s the difference, you don’t have to wonder any longer. Here’s what I got.
The changes to the 5EMAs Forex Trading System are:
For the [...]
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Tags: Forex Trading · Forex Trading Systems
When you’ve been trading for a while, you’ll realize that losing trades are inevitable. It’s hard to be right all the time. And even when you know that you don’t have to be right all the time to make money, how do you deal with the losing trades?
When you put on a trade, you naturally [...]
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Tags: Trading Lessons · Trading Psychology
Are you searching for a way to catch the huge trends in the forex market? Heard the saying “The Trend Is Your Friend?”
Well, Trend Trading is one of the most profitable ways to trade any market. Identify a trend, identify a good place to get onto the trend, and then ride the trend for as [...]
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Tags: Forex Trading · Forex Trading Systems
When you are trading directional systems, it helps when you understand that there are really only 4 types of major market behavior. And it happens across the different time frames in different magnitudes.
So what are the 4 major types of market behavior?
They are:
Trending Up
Trending Down
Consolidation
Sudden Sharp Movements
Trending Up
An uptrend is indicated when price at the [...]
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Tags: Forex Trading · Trading Lessons
Do you really need trading rules to succeed in the trading game?
When we observe the laws of nature, science has proven there are certain outcomes that we can expect when following these laws.
When a plan is devised according to these laws, and executed to perfection, you can be absolutely certain that it will work.
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Tags: Trading Lessons · Trading Psychology
Here’s a little more information that i found on the background and history of the 5emas Forex Trading Course. I thought you might appreciate reading up a bit more before owning the course.
It’s not a post on everything about the 5emas Forex Trading Course (by Adam Burgoyne and Oleg A. But), but more [...]
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Tags: Forex Trading · Forex Trading Systems
Every once in a while, you have to take a break from trading. It can be so mentally intense and emotionally demanding, especially when your account is going through a drawdown.
Sometimes it helps to take a break, broaden your perspective of life and put your trading activities into their proper place. Afterall, the reason you’re [...]
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Tags: Trading Lessons · Trading Thoughts
Forex Trading Machine is a forex trading course put together by Avi Frister, who has been trading the forex markets for 11 years and counting.
What’s the buzz about Forex Trading Machine?
The main strategies in the course are the three forex trading systems that are driven by price action only. It contains ONE Swing Trading System [...]
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Tags: Forex Trading Systems