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The good trader is the trader who can manage those losses

The good trader is the trader who can manage those losses

I want you to write this down so you can see it every single day! It should be your mantra. Memorize it! “A good trader isn’t the trader who doesn’t lose, a good trader is the trader who can successfully manage those losses”. I was talking to a fellow trader this evening, and we talked a lot about the emotional, ... Read More »

Best time to trade

Best time to trade

Best time to trade There are good times to trade and there are bad times to trade. It’s important to know the difference. Sometimes the best position you can take is the one on the fence. Often in the FX markets you will find killer setups that follow through like a dream trade should. Other times there will be nothing that ... Read More »

Market Conditions Not To Trade

Market Conditions Not To Trade

Market Conditions Not To Trade There are good times to trade and there are bad times to trade. It’s important to know the difference.   Every trader wants to make money, and the only way to do that is to be in the forex markets. When the markets are not moving right, being in the markets can be a bad proposition. Not taking ... Read More »

Staying Out Of The Market is a Position

Staying Out Of The Market is a Position

    · The value in not trading….is not losing! First off, everyone needs to understand why being flat the market can actually be a LUCRATIVE position… Let’s say your account value sits at $5,000. Market conditions are really choppy and have been for about a week now, but you REALLY feel an URGE to trade. So, you end up ... Read More »

Trading tips to be a successful trader 2

Trading tips to be a successful trader 2

Steps To be a successful Trader and Trade Live 2 This is the part two from our tips to be a successful trader and to be able to trade on a live account. Please read the part one if you haven’t yet : Steps To Trading Live and be a successful trader (1) Step 3 – Double Your Demo Account ... Read More »

Steps To Trading Live and be a successful trader (1)

Steps To Trading Live and be a successful trader (1)

Steps To Trading Live and be a successful trader (1) Trading live is the goal of every trader. We start out wanting to make a bundle from the markets, but invariably something goes wrong along the way. There are several reasons why trading live didn’t work out. Many new traders are uncertain as to the process to trading live. Many questions come to ... Read More »

 

 

 

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