Here is what we talked about with our full members this week: How instinctive and involuntary behavior impacts trading decisions. How feelings like fear and pain causes hesitation or no action. Why we take profits early and chase the market. How we change behavior that is causing negative results.
Videos, Articles, and Tutorials
One of the most frustrating aspects of trading is when you nail the direction of a currency pair but the timing is off and you get stopped out before the big move happens. This hurts you two fold: You take a realized loss when you get stopped out. Many times, you are then gun shy… Read More
Here is what we talked about with our full members this week: The role of liquidity is perhaps the least understood yet most fundamentally important aspects of trading. Volatility exaggerates both risk and potential rewards, and is one of the defining characteristics of the Forex market. A clear understanding of liquidity and volatility in tandem,… Read More
Here is what we talked about with our full members this week: There are no secrets in trading, no hidden truths and no elitist conspiracies. Those who succeed do so because they followed the process which leads to success. Those who fail do so because they didn’t follow the process. FULL VIDEO TRANSCRIPTION: Facilitator:… Read More
Here is what we talked about with our full members this week: Job #1 is to manage risk-there is a sliding scale of risk management, ranging from 0% (no trading so can’t lose) to 100% (guaranteed to wipe out). How does a trader know which point on that scale his risk management should sit? What… Read More