forex trading plan

When it comes to Forex trading it is essential to maximize profits and limit losses in any way possible. One of the best ways to do this is to have a carefully thought out trading strategy and to stay disciplined throughout the trading day. While it can be tempting to enter the markets on a whim, here are a few reasons why a tried and tested pla...

2018-07-26 Orbex Read more
Lord of The Rings Forex Trading Team

In some recent articles we’ve taken a look at how the characters in both Harry Potter and Game of Thrones would fair as trading teams and so it’s only right that we take a look at Lord of the Rings also. So, read on to find out how we think Frodo and co. would fare in a Lord of The Rings Forex Trading Team. Frodo As the main character in the t...

2018-06-11 James Harte Read more
Backtesting

Backtesting: To Test or not To Test? One of the key elements which determines whether a trader will become a consistently profitable market participant or join the swollen ranks of losing retail traders, is the individual’s ability to execute a 'rules based technical trading strategy'. The professional trader defines a specific rule set which a...

2018-06-07 James Harte Read more
Forex Trading Like Fishing

It might not seem like fishing and Forex have that much in common. A fisherman sits on the riverbank with a rod in hand, likely grazing on home made sandwich while a trader sits in front of their screens, coffee in hand, too focused to think about eating. However, there are a great deal of lessons that Forex traders can learn from fishing and fr...

2018-03-12 James Harte Read more