Most trading methods can be categorized into 3 groups: Trading price action Trading technical indicators Trading fundamentals These are by far the most popular, and they operate on logic-based principles. But what does it mean to be logical anyway? What ‘Logical’ Means To begin, it’s important for us to first define what logical means, so …
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I’ll be blunt… the new MBFX sales pitch is probably the worst I’ve seen in a long time. The previous version was much better. I suspect the site had been sold to a online marketer (i.e. not a real trader), who – as you will soon see – would say anything to get more sales …
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When I first started trading years ago, I had no idea about the type of trader I wanted to be. All I knew was that I wanted to make money trading. I didn’t really care how I was going to do it. I mean… did it really matter how I traded, as long as I …
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Everyone wants to learn a method. Everyone wants to learn a system. “Just tell me what to do – step 1, step 2, step 3.” If you want to lose weight for example, you can follow a series of weight loss diets: South Beach diet Fat Loss Factor diet Atkins diet Caveman diet Sonoma diet …
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(Read the first part on Understanding Leverage here) As you know, it’s not the maximum leverage, but the actual leverage that harms our trading account. However, the maximum leverage does play an important role in our trading, and must not be ignored. To understand its (potentially harmful) effects, we’ll need to take a look at …
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