We’re lucky enough to be joined by Terry today, who has kindly agreed to answer some questions about his trading journey. Terry is coming to us from the UK, England and has been involved in trading for eight years, with three of those years trading live money. So, without further ado, let’s dive in and … Continue reading Interview with a Successful Trader
Updated June 2020 According to the Triennial Central Bank Survey[1], trading in FX markets reached $6.6 trillion per day in April 2019, up from $5.1 trillion three years earlier. The US dollar retained its dominant currency status, being on one side of 88% of all trades. The share of trades with the euro on one … Continue reading The EUR/USD
Updated February 2020 Do you remember the first time you encountered the financial markets? Unless you have an interest in economics, it’s likely you were drawn to technical analysis (T.A). Colourful indicators, pin-point accurate support/resistance, long-term trend lines and reports of technical traders trading for a living, is usually sufficient to lure most new traders … Continue reading Including Fundamental Analysis In Your Trading
Trading consistency epitomises financial freedom, providing traders choice and independence. For most, this was the motive behind initially getting involved in trading – being able to live the life you want on your terms. Learning to trade the markets, however, requires a substantial time investment, often underestimated by newer traders. Several factors need checking off; … Continue reading How Long Will It Take Before I Can Expect Trading Consistency?
Updated April 2020 Odd as it may sound, traders often find it a challenge to take profit. This is an issue every market speculator likely contends with at some point. Just as you have a series of rules to enter the market, you must equally have a strategy to exit. A strong psychological element usually … Continue reading Taking Profits in the Forex Market
