Warning: Turn your sensitivity meter down a little. This is a no sugar-coating, tell-it-how-it-is article (but rest assured it comes from a nurturing place). All over the globe, trading gurus attempt to sell their wares (software, the ‘holy grai...
Read MoreTrading Volume: General principles Many experienced traders (even those using a simple system will incorporate volume as part of their entry (common) and/or exit (less common) system. It is essential (as with any indicator) th...
Read MoreWe have discussed many times the importance of unambiguous, and sufficiently specific statements within your trading plan in previous articles and at the weekly “Inner Circle” webinars (for more information see the Inner Circle in the n...
Read MoreAt the recent GO Markets Daryl Guppy seminar, we had a presentation from Daryl that covered both an insightful economic outlook as well as some of his technical trading approaches. During the seminar, a question was asked about how to ma...
Read MoreMany traders utilise shares or options amongst their investment strategies either for income or capital growth. One key factor that such traders may consider in their choice of specific markets to trade is liquidity, with a higher trad...
Read MoreIdeally, as traders, our aim is often to identify potential entries at the start of a new trend (so “first in the queue”) and exit at the end of that trend. Of course, we often will identify a price move where a trend may already be...
Read MoreExperts suggest that 80% of your trading outcomes can be attributed to your behavioural and psychological interactions with the market. It is your mindset that determines how well you comply with good trading, even if you are sufficiently disc...
Read MoreIn our previous articles we introduced the SIX steps to improving your trading discipline, offered some guidance on developing “awareness” and explored how to prioritise the trading discipline areas. If you haven’t yet read these arti...
Read MoreThe MACD (or the ‘Moving Average Convergence/Divergence oscillator’ to give its full name) is one of the popular extra pieces of information we often see added to charts. The purpose of this article is to clarify what it may be telling ...
Read MoreIn a previous article we addressed the concept of cognitive trading biases as a barrier to potential successful implementation of a trading plan in the heat of the action you “press the button” on entry or exit action. This article d...
Read MoreTrading requires a commitment of time. For each of us the amount of time we must dedicate to trading activities is limited and justifiably so by other life activities (for of course, we want trading to contribute rather than take away from lifest...
Read MoreWhen we first start to trade, or subsequently (as a more experienced trader) when we trade a new symbol or system we are often “excited” as we see a “hope” for better results. We often forget that the development of expertise in other ...
Read MoreTrading short timeframes is a popular strategy choice for many traders. Indeed, the shorter time-frame charts e.g. 15 minutes or less, are often peddled by so called trading gurus as the optimum way to trade Forex and index/commod...
Read MoreA trading edge is a certain approach or special system techniques that, in theory, gives a trader some type of advantage over other market participants, hence making a trader more likely to achieve positive trading results. Many are cyni...
Read MoreIn a previous article we introduced the SIX steps to improving your trading discipline and offered some guidance on developing “awareness” with a downloadable ‘checklist’ for you to complete. Before we start, If you haven’t se...
Read More