Financial Trading

An essential ‘operating system upgrade’ for all traders

An essential ‘operating system upgrade’ for all traders

Let me remind you of the 7 Habits of Underperforming Traders: They don’t respect the market They trade for accuracy instead of consistency They have unrealistic expectations They give up too soon They overtrade They don’t manage risk properly They are not willing to adapt to market conditions. Now those are 7 very common mistakes […]...

The 3-minute ‘common-sense trading’ checklist

The 3-minute ‘common-sense trading’ checklist

Happy New Year! The markets are back in action and the brokers returned to full and normal hours this week, so it’s back to business. Now the big thing at this time of year (of course!) is the dreaded New Year’s Resolution. The trouble is, whether it’s a new fitness goal or a new financial […]...

The ‘perfect sense’ 18% per month profit situation

The ‘perfect sense’ 18% per month profit situation

An email arrives from one my 4DFX members… When looking over the figures he has achieved from his trades over the last month he comments “such a profit situation does not seem to make sense to me.” So I thought I’d use the stats he sent in to illustrate precisely why you don’t need to […]...

Essential security for any trading account

Essential security for any trading account

Sometimes you’re simply out of step with the market. It could be your strategy just isn’t suited to current conditions (even though you are executing with iron-willed discipline). Or it could be caused by something more personal: you might be a bit off-colour health wise, or you might have other demanding things going on in […]...

Two things I learned after scrapping with my mountain bike

Two things I learned after scrapping with my mountain bike

The long awaited day had finally arrived… My eldest son (13) was ready for his first ‘proper’ mountain bike ride. So on Sunday we were amongst the snowy peaks of North Wales before sunrise. But when I was getting all our bits and pieces together in the garage the previous evening I came across a […]...

Two things I learned after scrapping with my mountain bike

Two things I learned after scrapping with my mountain bike

The long awaited day had finally arrived… My eldest son (13) was ready for his first ‘proper’ mountain bike ride. So on Sunday we were amongst the snowy peaks of North Wales before sunrise. But when I was getting all our bits and pieces together in the garage the previous evening I came across a […]...

Imagine an Upside Down Pyramid…

Imagine an Upside Down Pyramid…

I often hear traders say things like ‘you can’t go broke by taking a profit.’ And it annoys me. I think the key factor you need to consider is how much money you might be leaving behind by bailing out too soon! Leave too much behind on a regular basis and you can seriously choke […]...

Imagine an Upside Down Pyramid…

Imagine an Upside Down Pyramid…

I often hear traders say things like ‘you can’t go broke by taking a profit.’ And it annoys me. I think the key factor you need to consider is how much money you might be leaving behind by bailing out too soon! Leave too much behind on a regular basis and you can seriously choke […]...

The winning wisdom of psychopathic market monsters

The winning wisdom of psychopathic market monsters

Two groups file into a room…eyeing each other they settle into private booths. They’re about to do battle. To the left we have the psychopaths: the hooligans, the violent serial offenders, and worse. And to the right we have the financial traders. To win this game of strategy they’ll make calculated decisions under extreme stress. They’ll assess probabilities on […]...

Electric shock treatment creates ‘super-strain’ trader

Electric shock treatment creates ‘super-strain’ trader

It all started when Austrian financier Michael Marcovici kicked-off an odd art project. He wanted to show how highly paid jobs could eventually be replaced by machines. But I think even he was surprised by the results achieved in the end. First-hand experience of the financial markets led him to believe two crucial key skills […]...

Trading V’s Gambling – what are you REALLY doing?

Trading V’s Gambling – what are you REALLY doing?

You know, there’s a fine line between trading and gambling. One has you flying by the seat of your pants with almost certain disaster looming. The other has you operating with cool calculated professionalism. But to all intents and purposes you take the exact same actions either way. So how on earth do you separate […]...

Trading V’s Gambling – what are you REALLY doing?

Trading V’s Gambling – what are you REALLY doing?

You know, there’s a fine line between trading and gambling. One has you flying by the seat of your pants with almost certain disaster looming. The other has you operating with cool calculated professionalism. But to all intents and purposes you take the exact same actions either way. So how on earth do you separate […]...

How to ‘cook-up’ new trading strategies from scratch

How to ‘cook-up’ new trading strategies from scratch

You might think it’s only an idea, but this concept has been responsible for creating unbelievable fortunes. And it’s particularly well suited for making new trading strategies. What is this special sorcery I hear you ask? Well, think how horticulturalists might graft two existing types of Roses together to create a brand new strain that […]...

The 7 demonic acts of traders

The 7 demonic acts of traders

Before I start today, I’d like to invite you to an event. You are very welcome to join me on a free webinar I’ll be hosting tomorrow night, Wednesday 2nd October, at 7pm. We’ll be looking at volume profile analysis: one of, if not THE most powerful technical analysis tools available. So make sure you […]...

Reverse engineering the ‘anti glory-trade’

Reverse engineering the ‘anti glory-trade’

I first set off trying to find my own way through the trading jungle, just like you probably have. I bought the books, followed the ‘gurus’, set about looking for the Holy Grail (you know, the one system to rule them all!) But it was only when I stepped back and took a good long […]...

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