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Forex Robot

Trading like a Forex Robot just doesn’t work!

You might have read in trading manuals, bullshit forums (can you tell I don’t recommend getting any advice from these yet?), and other materials, how in order to become a successful trader, you should trade like a robot. And no, this doesn’t mean hunting down and eliminating anyone with the name John or Sarah Connor). What is meant by that is to...
Why It Doesn't Work...

What is a trading edge? Get the upper hand

Psychology has an important role to play in the practice of trading stock markets, and it shouldn’t be underestimated just how significant this particular aspect can be (I constantly read tons of psychology books). Traders with the right mindset, mentality and corresponding confidence will most certainly have the ability to perform at a higher level than an individual who is...
Discover Your Edge...
Trading Styles

Trading styles that suit you best: Logic is for losers

The markets are, to a certain extent, random; and you will find that the more logic you choose to apply, especially with regard to technical analysis, the harder you will find it to be successful in your personal trading endeavours. It’s only natural that as a human you want to (eat McDonalds, mate and sleep) apply logic and reasoning to a subject or...
Best Trading Styles...

Trading emotions: Time to take back control

The financial markets have an uncanny knack of being able to make their participants act irrationally when they have open positions, and it’s through no fault of the markets, because the emotions you experience when trading are part of natural human behavior, and evolution has programmed your brain to act in this way. For the most part, everyone’s mind is wired in a relatively...
Understanding Trading Emotions...
Trading Brain

Trading brain: Why you ego is the enemy

Your ego has evolved to reassure you and give you confidence in the things that you do, based on events which have happened in the past. If you are good at a sport, like baseball, and perform well in this area time after time, your ego will be reinforced and you will draw confidence from this. If you scored a home run during the match then it drives this home even...
Inside Your Trading Brain...
Trading personality: Mr. Nice Guy won’t win
There is much talk on trading forums and in educational resources that the very best traders are those that trade their own personality style, and whilst this sounds good in spoken word, like much of the trading information available, it is a fairly ambiguous notion (hey, at least they are not trying to sell you snake oil for a change). Everyone has a...
Find Your Personality...
Stock Market Depression
Stock market depression: I’ve been right down
To be successful in a professional career you usually have to start out young, as well as having some luck on your side in order to get some promotions along the way. There is always the opportunity to go self-employed and start your own business, but much of the big rewards that used to make this worthwhile have been squeezed out by globalization, resulting in increased...
My Story And Advice...