Financial Trading

‘Coin toss’ trade management for boosting your results

‘Coin toss’ trade management for boosting your results

Let’s face it – it’s so tempting to find amazing entry points for trades… But how much time do you spend considering your management of open positions? The management of your trades is where you’ll almost always find (or lose) the discipline that makes or breaks your campaign. But we don’t always go into each […]...

Harnessing the stinging power of ‘beginners mind’

Harnessing the stinging power of ‘beginners mind’

Once upon a time I made myself a ‘million-pound spreadsheet’. It was a beauty to behold. I plotted a graph projecting a (theoretical) rapidly growing trading bank and I virtually worshipped the thing. I could probably dig it up on an old hard drive somewhere. And you know what, for my very first 8 weeks […]...

The mind-bending effect of ‘real money’ trading

The mind-bending effect of ‘real money’ trading

How do you learn to be a really good trader? A typical experience might be to learn a trading strategy, apply it to a demo account (or paper trade it) and then take it live once some virtual profits have been seen. And that’s a perfectly sensible way to go about things. Problems can arise, […]...

Release Your Inner Reptile

Release Your Inner Reptile

Remember the classic 80’s film Trading Places? Two rich old brothers swap the lifestyles of a beggar and a fancy commodities broker to settle a twisted $1 bet. They set out to prove once and for all whether nature or nurture dictates how successful a person can be. Needless to say, the whole thing blows […]...

How you can make a killing with the ‘Holding Bar’ pattern

How you can make a killing with the ‘Holding Bar’ pattern

I set off hacking my way through the trading ‘jungle’… 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 look at what I was really trying to achieve […]...

The ‘4 horsemen’ of trading – which one are you?

The ‘4 horsemen’ of trading – which one are you?

Give this question a bit of thought… What it is you actually want to achieve by trading? I know making money is sure to feature somewhere in your answer. But even that is going to mean vastly different things to different people. So before you think I’ve lost the plot by asking such a dead-obvious […]...

How to use true ‘set and forget’ orders

How to use true ‘set and forget’ orders

A question arrives from reader Tony B… “If the market was above the eurusd figure [the price he wants to buy at] how could I have placed the limit buy orders please? Should I put an alert on to wait for the market to drop?” Now Tony is one of our 4DFX members. He’s getting […]...

The 2-pronged exit method

The 2-pronged exit method

Scaled exits are nothing new. It’s not some cutting edge technique I’ve just invented. But scaling isn’t often discussed when it comes to Forex trading. You’ll read about the old masters of trading scaling out of their trades – they were doing it a hundred years ago or more. And scaling has always been a […]...

The secret of ‘golden hour’ trading

The secret of ‘golden hour’ trading

Keeping a journal is absolutely essential for traders. It’s the one guaranteed way you can improve your trading. And I think there are 2 parts to keeping good trading records. There’s 1) The Trading Journal and 2) The Record of Results. At first glance they might sound like the same thing but they’re actually very different… […]...

How to trade a healthy trend

How to trade a healthy trend

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 […]...

How to trade when the weekend comes

How to trade when the weekend comes

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 […]...

5 tips for new home-based traders

5 tips for new home-based traders

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 […]...

5 bad habits that break good traders

5 bad habits that break good traders

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 […]...

4DFX: If not spread betting what is it?

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 […]...

3 reasons to shred your 4DFX invite

3 reasons to shred your 4DFX invite

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 […]...

1 2 3 14