Now that we have discussed the Two Necessities To Trade Successfully of what you need to trade successfully in part 1 of this series, it is time to get into part 2 of the series which is Developing the Two Traits. These are traits which you may not have at the moment, but you can totally develop with relative ease, a passion to be a successful trader, and with a…Continue
We just wrote part 1 of 'What Do You Need to Trade Successfully'. If you are a developing trader, or still struggling to trade consistently profitably, then you will want to read this article which goes into the two…
Added by 2ndSkiesForex on December 21, 2011 at 10:35pm — No Comments
Last week I taught a highly viewed webinar on Risk Management with fxstreet whereby we went over one of the most critical models for managing risk along with a unique model to get you thinking about managing risk in a different way.
To learn more, click on the link…
Added by 2ndSkiesForex on December 18, 2011 at 10:25pm — No Comments
Added by 2ndSkiesForex on December 13, 2011 at 12:25am — No Comments
To be successful at anything, it requires work and sometimes the work you have to do to build your skillset is not entirely glamorous, sexy or fun. For example, I am doing competitive archery, and some of my training actually has to do withoutshooting an actual bow, but working with an elastic band to help work on a specific technique. Sometimes, I am firing the bow, but with no target, and at a distance of 3meters.
Yes, it's true...my favorite part of the…Continue
In 2009, Gary Kasparov, one of the world's greatest chess players of all time (now retired from competitive chess), played what is a called a simul game exhibition. In this exhibition, he played 25 simultaneous games against some of the top local talent all that the same time. The opposing players had as much time as they wanted to think about their moves while Gary had only about 5 seconds (max 30) per table to make his move. Below are the results of this…Continue
No, this is not a Timothy Ferriss promotion or new book, but an examination of the 4hr chart, along with the how and why I recommend using it for your price action trading.
If you are in the beginning or developmental stages for learning how to trade the forex market, I definitely recommend learning to read price action off the…Continue