MAKING TOUGH CHOICES WHEN TRADING

 Over the course of human history, mankind has achieved remarkable feats in the areas of the Arts, Medicine, Engineering, Governance, warfare and the likes. People like Einstein, Gandhi, Roosevelt, the Curies, Abraham Lincoln, and Darwin etc had to make tough choices for the rest of the human race to experience a better standard of living. […]

STOICISM IN TRADING

People confuse being stoic with hanging on, on a bad trade for too long. Stoicism has nothing to do with letting a losing trade run longer than it should; it’s sticking with your trade-plans in the face of a losing streak. This one factor is the fine line that separates the Big Dogs from the […]

THINKING DIFFERENTLY

Einstein said “The one who follows the crows will usually get no further than the crowd. The one, who walks alone, is likely to find himself in places no one has ever been” You cannot think and act like a retail trader and expect Smart-Money’s result. Don’t misconstrue “Thinking differently” is thinking outside the box. […]

The Forex Broker

DEMYSTEFYING THE FOREX BROKER: A TRADER’S WORST NIGHTMARE Tell you the truth, a broker isn’t really the Devil depicted by the retail community. Yeah, Yeah!!There are shyster brokers out there that’s why you need to do your due diligence in finding an honest broker that has proper regulation, a compensation scheme in case of bankruptcy […]

THE CURRENCY MARKET

To succeed in this “Unforgiving Terrain”, one must be equipped with the right skill-set. Richard Wyckoff called trading, “The greatest of all the world’s games”. But this “World’s greatest game”, which is FOREX ($5.1 Trillion/day), is also the largest business in the world, with the speculative arm which trading belongs to, amounting to $1.6Trillion a […]