In Forex trading, just like with most challenging things in life, there are a multitude of paths you can take to achieve your goal. At first sight, this seems rather positive: if you don’t get to your goal following one path, there always are plenty of other ones to take. However, this multi-opportunities issue is […]
Let me ask you a question: How successful would you be right now if you had sticked to your long-term plans for the last 5 years? Probably very successful! Personally I have given up too early on countless projects which would have been very rewarding on the long haul. So much that I have started […]
One of the first thing I did realize when getting started with Forex trading, is the brutal chart transformation when jumping from one timeframe to another. Although logical (charts are just market representations through different time lenses), I was stunned that 2 people looking at different timeframes for a same pair can come up with […]
We all know about the importance of having a good work-life balance. Unfortunately, knowing about it is not enough. And even when we want to make efforts, we are pretty good at making excuses not to do it! As I am writing this post, it has been 3 days that I should have gone to […]
1. Trade less The aim of Forex trading is maximum profits. Not maximum trading. Maximum profits is achieved by carefully selecting the right trades. And you can’t carefully select the right trades if you’ve already spent 10 hours in front of the computer. 2. Stop gambling Forex trading is about following and constantly improving a […]
Forex trading is no exception to any other skill: learning by doing is essential. That being said, when it comes to Forex, you can’t do too much of it. Overtrading is a costly mistake for your account indeed. Does it mean you shall completely forget about Forex trading, after being done with the markets? Not […]
You know you have to preserve your capital. You know you have to set up your stop-loss BEFORE you get into a trade. But still. Even tough you know it, you don’t do it… Why is that? The trader’s excitement Today’s world really is an “instant reward” world. I mean, people expect to get results […]
NO ONE CAN PREDICT THE MARKET. You can bang it over and over again, people will always be looking for a way to do so! We don’t like “not to know”. This is probably why “horoscope” related searches are the second most popular ones on the Internet, just after you know what… This is also […]
To say my life has been dull & boring would be a lie. Many twists & turns have seen me occupy the Broadcasters seat for a Television Station, record bets for my bookmaker father, mine for Opals in the desert, work on farms, knock on people’s doors seeking their media listening habits, hire out video […]
Let me set things straight from the start: I believe everyone can become able to make a living trading Forex. Yes, everyone. But then, why is it so many people never make it trading Forex? Not so because Forex trading is not made for them. More because they are not (yet) made for Forex trading… […]
