Updated March 2020 What you don’t know can’t hurt you Remaining ignorant or uninformed may apply to some things in life, but not leverage. The more you know the better. Leverage is defined as having the ability to control larger sums of capital using little of your own funds. Leverage in the forex market is … Continue reading What Is Leverage and How Does It Work in the Forex Market?
Updated May 2020 Regardless of how long you’ve traded a demo account, pulling the trigger in a live trading setting brings with it strong, raw, uninhibited emotion. Traders, particularly newer traders, enter live trading high on excitement. Emotional trading, however, often breeds mistakes – errors that may not only wipe out your account, but can … Continue reading Taking Your First Live Forex Trade: The Emotional Challenge
‘Three great forces rule the world: stupidity, fear and greed’ – Albert Einstein. Greed and fear, two opposing emotional conditions, are principal drivers that have a profound impact on our lives. And unless you’re a robot coated in human skin, dealing with greed and fear is inevitable in trading. Greed and fear: a brief history … Continue reading An Introduction to Greed and Fear in the Financial Markets
Trading, especially to the unaware, is generally intimidating. Some would even go as far to say that it’s frightening! Over time we’ve heard it all: ‘participating in the market is a sure-fire way to lose your shirt’, ‘the market is rigged’, ‘it’s gambling’ – the list is endless! So why, if all the above is … Continue reading Traits of a successful trader
Updated November 2020 All financial markets create trends and identifiable patterns. At first glance, harmonic configurations may seem puzzling, even mysterious. Harmonic patterns, however, are established through clear price structure and Fibonacci measurements. The concept of harmonics, according to research, were first introduced by H.M. Gartley in his book Profits in the Stock Market, originally … Continue reading Harmonic Patterns: What is an AB=CD Formation?
