You can be free... — You can be free. You can live and work anywhere in the world. You can be independent from routine and not answer to anybody. This is the life of a successful trader. Many aspire to this but few succeed. An amateur looks at ...

Trading Wisdom

Focus on being profitable for the week — Focus on being profitable for the week - Individual trades may go against you and individual trading days can offer little opportunity.

Trading Wisdom

The blue and red candles are the colour the broker has as default. And besides, it doesn't matter what colour the candles are, as long as the user is comfortable with them.

Why Indicators will fail you

Amateur traders — Amateur traders teach amateur traders to trade like amateur traders.

Trading Wisdom

Selling — From my trading experience, I have found this to be true - Sell on the stall before the fall.

Trading Wisdom

I'd be a bum on the street with a tin cup if the markets were always efficient. (Warren Buffett).

Trading Wisdom

You think you're going short? If you're not confident about the direction of a trade then don't take it. Like Warren Buffet says: "I don't look to jump over 7-foot bars: I look around for 1-foot bars that I can step over".

Cable Update (GBPUSD)

The Price and Ego — Technicians seem to be more willing to accept a small loss generated by the trading system than fundamental traders. Traders must accept the assumption that the markets reflect the true reality. Our pride and opinions ...

Trading Wisdom

I can't get the ea to work?

FX 1M Bounce system

Wisdom — I don't try to jump over 7-foot bars, I look around for 1-foot bars that I can step over. (Warren Buffett)

Trading Wisdom

If you have been trading for 6 years and you still haven't got it, then it's probably nothing to do with a system, it's probably to do with your psycology. You must have learnt a lot of he years, good information, that if applied in the correct way ...

A system that works? Please!

Doubt — When in doubt, sell. You will usually get another chance in something else.

Trading Wisdom

Lol, that's a goodun

Trading Wisdom

Never short a dull market. — Never short a dull market.

Trading Wisdom

I think a retracement to fib 50% at 1.429 area is possible.

EUR/USD flagging south this coming week

Winners — Never let a winner turn into a loser. Minimize losses.

Trading Wisdom

Lessons — Don't dwell upon the money lost on a bad trade; think about the lesson, and be thankful you're learning, you're improving and that you'll trade again.

Trading Wisdom

Side Lines — There are three types of trade: Long, short, and aside. Being on the side lines is a trade in itself. It can save you money. It's easier to stay out than to get out.

Trading Wisdom

'Fear of Missing Out' — A lot of new comers experience the 'fear of missing out'. The fear of missing out will cause you to make irrational trading decisions. It will make you jump into low probability trades with no trading plan. Curb the ...

Trading Wisdom