I had a similar conversation with two different people this week… It’s about trends. Or more specifically: a) How do you know which ‘segment’ of a big overall trend to measure and work with? And: b) How far back in time should you go when measuring trends and drawing trendlines? These two questions address the […]...
A question arrives from a TN reader: “I’ve got this trade that’s well into profit. My usual strategy is to trail the stop loss so I can lock in some of the profits and then give the trade chance to turn into a long-term position. But what do you think I should do ahead of […]...
If you already have some experience you’ll know full well it is certainly possible to trade from home around a day-job. You CAN get started with a very small trading bank (and it’s nothing to be ashamed of). And, if I’ve been doing my job properly, you’ll know my material is very much geared towards […]...
Everyone has the ability to make money from trading. These days the financial markets are a genuine ‘open access’ opportunity to one and all. Making money is simply a matter of repeating the same effective steps time after time. It’s all about keeping good habits. So what should you do if things aren’t quite going your […]...
My inbox is sizzling hot… Loads of questions coming in about my new 4DFX strategy and service. I thought I’d answer some of the common ones here, just in case you’ve been pondering over them too. NOTE: Places for 4DFX are available at the time of writing but the doors will close on Thursday 16th […]...
On Thursday 9th May you will receive a special invitation from me. It’s for my new 4DFX program. I’ve been dropping hints about it these last couple of months. And, behind the scenes here, it’s been creating a bit of a buzz. Traders keep emailing me with things like this… “Rich, you keep mentioning this […]...
On Thursday 9th May you will receive a special invitation from me. It’s for my new 4DFX program. I’ve been dropping hints about it these last couple of months. And, behind the scenes here, it’s been creating a bit of a buzz. Traders keep emailing me with things like this… “Rich, you keep mentioning this […]...
I’ve been reading Market Wizards by Jack Schwager again recently and in the book one of the traders mentions getting to know just one individual market really, really well. So, is this still a good way to start? Should you focus on just one Forex market or learn to trade them all? Now, Market Wizards is […]...
A question arrives from TN reader Tony T: “I’m getting ready to trade again tomorrow [after the long Easter weekend] and feel a bit slow and ‘out of touch’ but I’ve heard some traders say they get better after taking a break. Is it normal to notice an improvement in your trading after taking a […]...
A question arrives from TN reader Paul T: Rich, I trade my own strategy (I leant it from a book and added my own twist). It does work but I can’t seem to get it performing past breakeven. I’ll have a good run and then it always seems to hit a sticky patch where the […]...
A question arrives from TN reader Paul T: Rich, I trade my own strategy (I leant it from a book and added my own twist). It does work but I can’t seem to get it performing past breakeven. I’ll have a good run and then it always seems to hit a sticky patch where the […]...
I must admit, I’ve got a bit of a soft spot for volume. You might have heard me talk about it before. It tends to be followed more closely by futures and stock traders than Forex traders, and it has a certain sentimental appeal to it. Traders like Jesse Livermore and Charles Dow (co founder […]...
I must admit, I’ve got a bit of a soft spot for volume. You might have heard me talk about it before. It tends to be followed more closely by futures and stock traders than Forex traders, and it has a certain sentimental appeal to it. Traders like Jesse Livermore and Charles Dow (co founder […]...
I was flicking through an old trading journal of mine the other day. It’s a bit tattered around the edges but when I look at them now, I can see that those pages contain absolute pearls of wisdom. At the time, I was still desperately trying to figure things out. I’d been reading all the […]...
I’ve been doing some work on trading Mindset this week. It’s for the ‘Campaign Management’ module of my new strategy (more on that to come in a minute). Now traders typically put all their energy and effort into ‘Method.’ You know the kind of thing I mean: Method is the nitty-gritty fine detail of how […]...
