Why is Health Critical to Traders? It is well known that a person is a combination of body, soul and spirit. Each part is intertwined and has an effect on the others. Just as we know, it’s not good to trade if we are sad, angry, excessively sleepy or dull or if any other myriad […]
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Stops, Trading Gods and Bad Trades
Stops, Trading Gods and Bad Trades For some reason, traders just love stops. I mean they flat out beg for them. I hate them myself because when I put in a stop, I usually get it. I told the market where I was willing to trade again. In the last 13 years as a forex […]
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How to Spot Trading Furus and Scammers
How to Spot Trading Furus and Scammers There are a few easy ways. Do you smell BS? Do you see marketing tactics? A year ago one guy “enlightened” me to the growing, glowing fact that Furus are popping up all over creation like mushrooms in a forest after rain. What they do is interesting: They […]
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The Truth about the Forex Markets
The Truth about the Forex Markets Actually, there are quite a few truths you really need to know! The first truth is that the Forex market is a very “choppy” market. By that I mean that movement can be small and slow, it wiggles and jiggles up and down all day on every pair; sometimes […]
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What is it worth?
What is it worth? Let me ask you a question. Pick some really big name trader that is supposedly very good; one that has taught others. Perhaps pick an author or a course seller. Let’s just go ahead and name a few names. We have Steve Nison, Steve Mauro, Ashraf Laidi… or how about Martin […]
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Why Should You Track 40 Charts from Day to Day?
Why Should You Track 40 Charts from Day to Day? Good question. Why? If you’re not going to trade them, then what is the purpose, right? Consider this: there are only 8 currencies that matter: EUR, GBP, USD, JPY, CHF, AUD, NZD and CAD. How many crosses does this make? 6 majors and 7 […]
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Get your Hands Dirty
Get your Hands Dirty I answer tons of emails every day. Here are some interesting conclusions I have extracted from one of the latest emails I answered. I thought the nature of the answer was good as a representation of two things: #1 I get hit up for loans or money gifts many times a […]
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The Bank is not your Friend
The Bank is not your Friend. Choice Bank Belize was the worst banking experience of my entire lifetime; by a million miles. Here’s my story of untold grief and the worst customer service known to mankind (in my humble opinion). By the way, when you give your money away to a bank, you may not […]
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Forex Trade Management
Forex Trade Management Do what is comfortable for you. Trade management and risk management is a personal issue among a lot of traders. Though I cannot tell you how or what to trade, I can give you my advice and tell you how I do indeed trade. The most common question I come across is […]
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To Join or Not to Join
Should you join a trade group or not? A look at the pros and cons. Trade Rooms or Trade Groups can be fun and rewarding but they can also be problematic too, right? Let’s look at some pros and cons of joining a group or trade room today. Why you should join: You’re new, you […]
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