January 15th 2015 will go down as another historical day in the financial markets. An event triggered by a national bank action caused a tsunami in the forex market. In a matter of seconds Swiss Franc soared as much as 41% against Euro; also impacting other correlated markets to varying degrees. Take a look at […]
Tag: Common Trading Mistakes
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Trade Management
Have you ever strangled a trade by a few pips and then see it motor along in your direction by hundreds of pips? Or failed to book profit at an opportune time only to see those profits evaporate quickly? I know I have. And if you have been trading for any length of time then […]
I see a lot of adverts from Forex brokers and Spread Betting companies offering joining bonus for new clients, some pretty generous as a percentage of the initial deposit. Some offer a fixed amount like £100 when you open an account, deposit a certain minimum amount and take a few round trip trades. Others offer […]
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A common mistake new traders should avoid
One common mistake most new traders and even some experienced traders make is to add to a losing position! In early years of my trading, I heard about this in a number of seminars and training sessions I attended, and read about it in a number of books and material available on the internet. Yet […]