Trading Education

So far in this series, we've talked about how indicators basically work by identifying patterns. They do this by focusing on relationships between certain data points, and they are represented in the form of graphs to make patterns easier… Read More

In the previous entry in this series, we talked about the two different outlooks when it comes to setting up your trading system. Whether you are going to be a contrarian trader, or whether you're going to go with the flow. As mentioned,… Read More

If you've read the previous articles of the How to Set Up Your Own Indicator series, you'll know how indicators work, and specifically that they target patterns. Patterns offer a certain amount of predictability, and that leads us to have… Read More

Having understood how an indicator works from the basics article from this series, let's try to construct a very simple indicator to apply the fundamentals so we can better understand how an indicator works. So, we'll start with the… Read More

Everyone who has a license knows how to drive a car without needing to know how the engine works. But, those who are really good drivers - more importantly, those who make the most out of their vehicle - typically have a working knowledge… Read More

Once you've got your trading plan in place, it's time to put it in practice. This is the fun part that got you interested in trading in the first place, so you've likely already put a lot of thought into it. However, there are some ideas… Read More

We already went over the similarities between trading and financial management. Now we are going to get a little deeper into each one of the elements of management that could help with your trading. Planning to succeed Having a plan… Read More

For a lot of traders, trading is something of a hobby, and they approach it with the same level of disorganization that they do their stamp collection. On the other hand, some hobbyists take their actions seriously and act with… Read More

You might have noticed, especially if you are getting into trading, that traders are confronted with two bits of crucial advice that seem somewhat contradictory: On the one hand, brokers will insist in all their disclaimers that "past… Read More