In a constant effort to refine the trading and educational process in helping traders become profitable, I have put together this article which will give you five keys to improving your trading and particularly help with the learning process to becoming a successful trader.
Key #1: The Zone of Proximal Development
This is the idea that learning works best when you the trader tackle something that is just beyond your current…Continue
I have been working really hard lately on my upcoming book 'Trading Price Action' which I am seriously looking forward to finish and deliver to the world at large. Currently I am dissecting a chapter on pattern recognition and came across this interesting chart. In trading, we often look for fixed patterns we are trained to see, such as;…
I want to share with you some results and tell me if you think these would be considered professional grade, or highly impressive to say the least;
110% gain for 2011
124 Trades, 74 winners, 50 Losses
59.67% Accuracy Rate
Largest Win: $14,360
Largest Loss: $8,180
Max Win = 43% larger than Max Loss
Max Consec. Wins: 16
Just finished our newest Forex Price Action Setups where we go in depth on the AUDUSD and EURUSD. To learn more, visit the link above.
Looking forward to your feedback on what you are seeing with them as well.
Added by 2ndSkiesForex on February 14, 2012 at 12:59am — No Comments
I just wrote my newest article called Your Brain, Trading and Finding 'The Zone'.
In the article, I explore what you need to do to develop that…
Today had produced some interesting price action plays, so I wanted to share with you two trades that I took today. I am going to break down exactly what I was reading from a price action perspective, what my analysis was, how I took each trade, including the entries, stops and limits, and why I chose them based on what I was seeing in the price action.