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forex strategy

Strange Trading Theories – Episode 2

Strange trading theories and beliefs exist and influence how traders navigate the financial markets. They range from kind of logical to downright bizarre, so let’s get stuck into this second episode! The Prospect Theory This theory…

On the Limitations of Backtesting

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…

How to Develop a Winning Mindset?

Having the right trading mindset is an integral part of surviving in the financial markets. By building on the correct set of attitudes, beliefs, and habits, you stand a better chance of being able to successfully weather obstacles in the…

Success breeds success

Try to trade when you feel confident about choosing a winner, and avoid entering a trade when feeling tentative or uncertain about its probability of success.