MANAGEMENT IS KING

MANAGEMENT IS KING

Identify where your stop loss should goIdentify where your take profit should go.Identify if you will be using break even points at a certain profit level.Identify what your risk per a trade isIdentify these parameters for each instrument you are tradingMake sure the...
Avoidable Mistakes Forex Day Traders Make

Avoidable Mistakes Forex Day Traders Make

Your success depends on not doing …. The forex markets have a low barrier to entry, which makes them one of the world’s most active markets. If you have a computer, an internet connection, and a few hundred dollars, you should be able to start day trading....
The Power Of Statistics

The Power Of Statistics

The power of statistics is something we all use in life. In life, we make decisions based on our past experiences. Our mind is like a powerful computer and usually, it is analyzing risk to reward factors all day long. Thousands of subconscious thoughts flowing in the...
RISK OF RUIN SIMPLIFIED

RISK OF RUIN SIMPLIFIED

The risk of ruin is the probability that a trader will lose money to the point of no return. Timmy The Trader To put the risk of ruin into perspective, let’s dive into the life of Timmy the trader. Timmy is your classic millennial trader, looking to get rich by...
5 Lessons From The Greatest Trader In The Century

5 Lessons From The Greatest Trader In The Century

Five trading lessons from Jim Simons: Quantify your edge through backtesting.  “We search through historical data looking for anomalous patterns that we would not expect to occur at random.” – Jim Simons  Backtesting past historical price data can give you...