Financial Trading

3 ways to use Volume for high-probability trading

3 ways to use Volume for high-probability trading

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 […]...

3 ways to use Volume for high-probability trading

3 ways to use Volume for high-probability trading

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 […]...

7 keys to winning the mental game of trading

7 keys to winning the mental game of trading

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 […]...

The wonky 3-legged stool of trading

The wonky 3-legged stool of trading

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 […]...

How to swerve ‘toxic trading’ temptations

How to swerve ‘toxic trading’ temptations

Do you know one of the single biggest problems traders face? You might not agree at first glance because it actually sounds like a BENEFIT rather than a potential threat. But it’s been the ruin of many a trader over the years. And it’s a particular threat in today’s world where the ease and convenience […]...

Arrgh! 90% drawdown, what now? *starts crying*

Arrgh! 90% drawdown, what now? *starts crying*

Remember last week I told you about a strategy that had been making 7% per day? Well, it was until it grew to a size too ‘unwieldy.’ And the trader’s own orders began moving the market against them costing valuable pips on both entry and exit. And do you remember me explaining how the strategy […]...

See why ‘tactical’ strategies choke and die

See why ‘tactical’ strategies choke and die

Imagine: you’ve spent weeks, months even, developing a trading strategy. Your back-testing is complete. And on paper this strategy has the potential to make an eye-popping 7% return on account per day. Yes, 7% return on account PER DAY! That’s not 7% per year. Or even 7% per month. Every evening, as you lay your […]...

The deadly dangers of ‘over-prepared’ trading

The deadly dangers of ‘over-prepared’ trading

When you are over prepared you run the risk of ‘marrying’ your market opinion. All that hard work went into doing your analysis – it’s easy to become blinkered to any other possibility but the one you envisage. You may analyse the markets yourself, or you might invest in the picture put forward by a market […]...

The indisputable top-priority for traders

The indisputable top-priority for traders

You never really know what the market will serve up next. Will it be a profit or will it be a losing trade? Consistent profits actually come from a random pattern of winning trades and losing trades. It’s only when you’ve got a proven system in place you’ll have a good idea of its performance […]...

A System V Strategy Death Match

A System V Strategy Death Match

A question comes in from a TN reader: ‘Aren’t you contradicting yourself when you’re dissing off the peg “forex systems” at the very same time you’re promoting the use of them?’ It’s a fair point, and one that probably needs a bit of explanation. So I suppose my outlook can be stated like this: -> […]...

WANTED: Home-based traders for new ‘4th-dimension’ trading strategy

WANTED: Home-based traders for new ‘4th-dimension’ trading strategy

Back in October I was playing around on a popular charting platform. The software itself is nothing unusual. Anyone can get their hands on it immediately on the internet. In fact, it’s probably the kind of thing you’re using right now to follow the markets. But something I stumbled upon stopped me dead… I found […]...

The 5 essentials of ‘unshakable’ trading

The 5 essentials of ‘unshakable’ trading

Happy New Year! I hope you and your family had a happy festive period and didn’t overindulge too much. Anyway, 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 […]...

This will NOT suit show-offs

This will NOT suit show-offs

Here’s a question I get asked on a regular basis: How can I fit trading in around my job and still make consistent profits without having to check charts during the day? The good news is there are loads of ways! The trick of course is finding the way that has ‘your name’ on it […]...

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