Browsing Tag

Trading strategy

Building A Forex Strategy

One of the biggest mistakes that many new Forex traders make is wrongly believing that they do not need a strategy. Lots of new FX traders think that successful forex trading is about merely looking at the charts and being able to trade…

What Happens to Your Brain When You Lose a Trade?

Trading requires much thought and attention. But did you know that our brain processes wins and losses differently and responds strongly to certain situations? Powerful reactions take place within certain areas of the brain – so let’s find…

Trading Like A CFO – Planning

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…

Trading Like A CFO

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…

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…