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NickThorp replied Jun 16, 2023



After teaching a bunch of amateur traders over the years, I've come to realise in my not so humble, but highly righteous opinion that their biggest obstacle always seems to come down to their inability to abstain from ...(Free Value) The Ancient Ninja Scroll: 4.9/5 (1,267 Ratings)
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NickThorp replied Jun 15, 2023



Don't brag about your wins or your losses - friends, family, colleagues won't ask you "how it's going?" If you do, which by the way adds tremendous pressure and added chasing. Best to just avoid. These days if a ...(Free Value) The Ancient Ninja Scroll: 4.9/5 (1,267 Ratings)
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NickThorp replied Jun 15, 2023



BBQ Talk Since it's summer and the BBQS are out, it got me reminiscing about old times. I used to tell people I was a trader, before I was even profitable. Do I recommend this? Nah not really no. (1) It puts tremendous ...(Free Value) The Ancient Ninja Scroll: 4.9/5 (1,267 Ratings)
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NickThorp replied Jun 15, 2023



Snollygoster Definition; "A rude and unscrupulous person". Many-o-moons ago I used to believe trading was a team sport (I know, how naive of me) but that's because I joined some supply and demand community where we all ...(Free Value) The Ancient Ninja Scroll: 4.9/5 (1,267 Ratings)
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NickThorp replied Jun 15, 2023



Despair and Hope, two sides of the same coin and the two emotions that rule your decision making. In my 10+ years of trading experience, I'm not sure it's even possible to not feel or be aware of them in some way - ...(Free Value) The Ancient Ninja Scroll: 4.9/5 (1,267 Ratings)
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NickThorp replied Jun 14, 2023



Finding a unique observation nobody else has found can be thrilling for new traders, but don't be fooled away from your core strategy that works, produces profit and allows you to withdraw from your broker each month - ...(Free Value) The Ancient Ninja Scroll: 4.9/5 (1,267 Ratings)
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NickThorp replied Jun 14, 2023



Ninja Talks EP 7: Swashbuckling Swashbuckling Definition; "Engaging in daring and romantic adventures with bravado or flamboyance." This is trading in most Bambi traders minds. Some of you literally see yourself as ...(Free Value) The Ancient Ninja Scroll: 4.9/5 (1,267 Ratings)
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NickThorp replied Jun 13, 2023



Simplification is often deemed by the experienced trader as inaffective, yet they trow a thousand indicators, drawings and analytics up on their charts as if it means something - all they do is complicate and make it ...(Free Value) The Ancient Ninja Scroll: 4.9/5 (1,267 Ratings)
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NickThorp replied Jun 13, 2023



Something I can't quite get across to traders, especially new traders is intuition. The dumb ones can't comprehend the subject and the smart ones (probably with a programming background) can't understand anything but ...(Free Value) The Ancient Ninja Scroll: 4.9/5 (1,267 Ratings)
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NickThorp replied Jun 12, 2023



Trading is actually super easy, but the overcomplication by Bambi traders and even experienced wannabe traders is monumental. Trading is basically three components; (1) Techniques (2) Risk Management (3) Psychology ...(Free Value) The Ancient Ninja Scroll: 4.9/5 (1,267 Ratings)
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NickThorp replied Jun 12, 2023



I used to identify a ton with being a "trader" - for a while it was cool to tell people you're a trader, they immediately get interested and it's a great way to flex. However, (1) It's in NO way useful to anyone except ...(Free Value) The Ancient Ninja Scroll: 4.9/5 (1,267 Ratings)
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NickThorp replied Jun 11, 2023



The strength of your character is tested significantly (especially for a man) during an investment downturn - biologically we're inclined to protect and provide and when the "provide" part is in jeopardy, pressure hits ...(Free Value) The Ancient Ninja Scroll: 4.9/5 (1,267 Ratings)
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NickThorp replied Jun 11, 2023



It should go without saying that as a trader you should not give up, but a topic often less talked about is not to feel dejected after a loss. Losing doesn't feel good, but throwing everything out the window because ...(Free Value) The Ancient Ninja Scroll: 4.9/5 (1,267 Ratings)
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NickThorp replied Jun 10, 2023



A trader without a plan is a gambler. But having a plan is only 1/3 of the battle. Parts 2 and 3 are your risk management and psychology. How much do you work on these?
Click Here to get "The Ancient ...(Free Value) The Ancient Ninja Scroll: 4.9/5 (1,267 Ratings)
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NickThorp replied Jun 10, 2023Rachelle, The great thing about forex is (like you said) it's basically 24hr - which means you can trade, learn and plan in YOUR own time. Find a simple strategy that will allow you to trade when you want. E.g. I analyse the charts in a weekend, ...
"Beginner" really need advice
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NickThorp replied Jun 10, 2023The lone wolf path is difficult, not gonna lie, but highly rewarding if you're broke (which I was for a long time). As far a consistency? My mentor once said something very profound; Consistent practice breeds consistent results. Which basically ...
Can trading be self-taught?
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NickThorp replied Jun 10, 2023



Removing lagging indicators and focusing on naked price action may be difficult to begin with, but as the years pass you'll realise just how important it was to begin with.
Click Here to get "The ...(Free Value) The Ancient Ninja Scroll: 4.9/5 (1,267 Ratings)
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NickThorp replied Jun 9, 2023



Too easy to get caught up in the whipsaws of day to day market movements - if you don't have a plan and execute that plan based on alerts then I hate to break it to you young one, you ain't no trader. Why? A trader, ...(Free Value) The Ancient Ninja Scroll: 4.9/5 (1,267 Ratings)
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NickThorp replied Jun 9, 2023



As a trader you're playing doctor - diagnosing the state of the market (1) Bullish (2) Bearish (3) Sideways, and then prescribing an action to take (1) Buy (2) Sell (3) Wait. Most of your time as a trader should be ...(Free Value) The Ancient Ninja Scroll: 4.9/5 (1,267 Ratings)
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(Free Value) The Ancient Ninja Scroll: 4.9/5 (1,267 Ratings)
Started Jun 9, 2023|Commercial Content|97 replies
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