Forex Signals 11th Feb + 12th Feb

Forex Signals 11th Feb + 12th Feb

What a day we had. Top trading psychologists say – a loss is only a loss if you didn’t learned anything from it.  I sure did lose some money yesterday but also learned a great deal.
Good money management helped me control my loses and stay under the limit which didn’t take my sleep away. I [...]

Forex Signals 10th Feb

Forex Signals 10th Feb

Sideways movement from last two days seem to have ended now, as most pairs start to trend upwards. Most people would stay out of market when it goes sideways and wait for it start trending. My apporach on the other hand is to trade as usual and be in the market before it starts trending, [...]

Forex Loser’s Checklist, Do You Qualify? Part 2

Read Part 1 of this Post Here.
Switch Trading Systems
Are you continuously looking for some new systems? Are you visiting forums to look if there is new indicator or setup that can improve your trading. Let me tell you a secret, a lot of system out there are profitable only if traders start to follow their [...]

Forex Loser’s Checklist, Do You Qualify?

Forex Loser’s Checklist, Do You Qualify?

No one likes to think of themselves as a loser.  However admitting the reality can be a hard pill to swallow.  I came up with this checklist to help you identify your true self. See if you qualify.

Account Wipe-outs
Keeping Poor Trading Records
Urge to Trade
Switch Trading Systems
Buy new softwares /EAs
Double Up Losing Trades
Reverse and Trade in [...]

3% Risk Rule – Who Cares?

3% Risk Rule – Who Cares?

This is the Part 3 of Money Management article. If you haven’t read the first part then you can read it here “Money Management : A new Approach”
Ask yourself these questions: Are you trading Forex to make a living? Or Are you hoping to trade Forex Full Time? Or Do you  want to learn how [...]

Do You Have A Trader’s Mindset?

This is the Part 3 of Money Management article. If you haven’t read the first part then you can read it here “Money Management : A new Approach”
As a trader I need to keep in mind that even the most successful system will have series of losses. This is called Drawdown and it is part [...]