How to Manage Stop Loss in Trading

How to Manage Stop Loss in Trading
Manage stop loss and reduce losses In today’s post we will discuss about ‘how to manage stop loss’ in trading. Stop loss management is critical for the success or failure of any strategy. This is why well defined strategies have emphasis on stop loss, take profit and risk to reward ratio. The topic of stop ...

Trading Around your Day Job is an Art

Trading Around your Day Job is an Art
Trading Part Time? Anyone? Its not easy to concentrate on you are trading around your day job. Furthermore, if you are looking to become a full-time trader, the transition phase is another nightmare too. I really don’t mean to put you off first up, with such flattering statements. But as traders, we have to look at facts as ...

Why Scalp the Forex Markets?

Why Scalp the Forex Markets?
Trading The Forex Markets There is a question that every scalper should answer before jumping into real trading. Why scalp the forex markets instead of trading the long time frames or hold positions for days or weeks for bigger profits? Its an important question to answer, because without knowing the ‘why’ its almost pointless to chose a certain path ...

Why scalping is an awesome first step for beginners?

Why scalping is an awesome first step for beginners?
Scalping is fun! If you are like me, then the first thing you probably did with your first ever demo account was to scalp the hell out of it and blow the account in no time. That was my first lesson in trading, don’t fight the markets. But it sure was fun scalping for the first ...

Still searching for the best forex strategy?

Still searching for the best forex strategy?
Its time you stopped searching. Seriously, are you still not confident enough to place the next trade, according to your current strategy in place? Ok.. you’ve had a couple of losses. So what? couple of losses or even a streak of losses is not a good enough reason to dump your strategy. Furthermore strategy is not the ...

10 ways to avoid losing money in forex

10 ways to avoid losing money in forex
In order to learn how NOT to lose money trading forex, one must understand why so many traders lose money in the first place. Its like troubleshooting a software issue in your laptop. Imagine if there was something wrong in your laptop that needs immediate attention and you just did not know the problem even existed, ...

Supply, Demand, Price and Speculation

Supply, Demand, Price and Speculation
Interesting thought. 99% of traders would say that price is the most important factor in trading. What if I say that direction and movement of the price is more important regardless of the current, starting or end price of the wave. Let’s put this thought into perspective. Tourism is a small portion of the reason ...

5 Things to Avoid As A Forex Trader

5 Things to Avoid As A Forex Trader
You may deny it, but in reality we all have’em – ‘Bad Habits,’ specially when it comes to trading forex. I have outlined below some of the main  bad-habits that I had to overcome personally, in order to improve my trading. 1. Guess Work This is the mother of them all. Its important to note ...

5 Myths About Forex Scalping

5 Myths About Forex Scalping
Forex scalping and Day Trading Forex scalping is the most controversial style of trading in the forex world. Mainly because forex scalping bears more similarities to gambling and addictive in nature. Hopefully, this post will clarify some of the misconceptions surrounding forex scalping. One might think that I’m promoting low R:R, highly risky short term amateur style trading. Absolutely ...