I was an eager trading upstart with a few trading profits from the dot com boom way back before the year 2000. I chucked in my job, sold my printing equipment and researched day and night to find the system to be the next George Soros. Does this tale sound familiar? Of course 3 weeks…
Inevitable Trading Losses – The Elephant In The Room
I came by a book published around 80 years ago by R.W. Schabacker. It is amazing that even without the HFT systems, chart patterns and business channels devoted to trading and investing that the core concepts remain. Loses are inevitable. It is how we deal with them that is key. No trader can ever expect…
Candlestick Charts Made Simple
Although bar and candlestick charts both display the same information (high, low, open, and close for a specified period), with bar charts the information may not always be immediately obvious at first glance. For example, did the bar close higher or lower than where it opened. With candlesticks this is obvious at first glance, without…
Resolve one of the most common barriers to trading success
What are your barriers to trading success ? Many new traders can easily get caught in the trap of focusing more on their winning percentage (accuracy) or entry setups, rather than having a balanced approach to their overall trading system, thereby creating common barriers to trading success. There are many aspects to successful trading which…
Easy Load ASX installer for NinjaTrader
Managing your Australian Securities Exchange (ASX) stock portfolio is easier than ever before. You won’t believe how easy it is to now view ALL of your favorite ASX stocks in NinjaTrader ! NinjaTrader is a free to use, leading charting platform, packed with functionality and used by traders worldwide. The “Easy Load” ASX installer adds…
Simple Trading Strategy with Clean Exits by Davin Clarke
This simple yet effective trading strategy aims to capture the movement out of a contraction area into an expansion area. Although classed as a “simple” trading strategy, Davin shows how this covers many critical aspects of trading including: Risk and trade management; Shows areas to exit the market into potential counter-trend moves; Trade with the…
Trade The Reality, Not The Belief
We’ve just completed a record-smashing quarter: S&P 500 ($SPX) ends above 2007’s record close, Dow ($DJIA) posts best Q1 Since 1998, both recovering all of the losses from the Global Financial Crisis. Source: CNBC This has been an amazing run and the US stock market does not appear to be concerned with the continuing problems…
Cyprus Bailout 2013 Infographic
Everything you wanted to know about the Cyprus bailout in one image! Please click on the image to see full size. Source: Saxo Capital Markets & ZeroHedge 28th March 2013 Thank you and good trading. Stuart Young
