In any competitive arena, the good players are constantly anticipating how the game might unfold.
With patient observation, they are always on the lookout for their opponents’ missteps. The moment an adversary makes a mistake, the pro player bursts into action […]
(This is Part 2 of a post series. Read Part 1 here)
So… how else do experienced traders think differently?
Let’s take a look.
Many people get into Forex trading for some extra […]
With so much trading information freely available online, why are the majority of retail traders still losers?
How is it that everyone has access to the same information, yet only a small fraction of the trading population are profitable?
The short answer […]
A Consumer is someone who spends money to get a result, without necessarily understanding how the result is achieved.
For example, if I want a new bookshelf I might head over to Ikea and buy one. I’ll then take it home, […]
Intraday trading (also called day trading) refers to the opening and closing of trades within the same day. It’s a blanket term that encompasses all trading styles that meet this criteria.
So it doesn’t matter what type of trader you are: […]
Here’s a question for you:
John has two children. At least one of them is a boy.
What’s the probability that the other child is a girl?
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Decide on an answer before moving on.
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Ready?
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Ok!
Intuitively, most people would guess that there’s a 50% chance […]
In the world of retail trading there are two types of traders.
The first are those who focus on what they can learn.
Every time they face an obstacle, they think:
For a period of time, I was teaching myself how to make a good linguine Aglio E Olio.
As a fan of both stoic philosophy and pasta, I am constantly amazed at how such a simple dish can be so delicious. […]
Go to any popular Forex trading forum and you’ll see entire sections dedicated to the discussion of various technical indicators and systems.
You’ll see people talking about different period settings and how they use them in combination with other indicators to […]
As a beginner trader, I spent over $20,000 on trading seminars, videos, books and courses. On top of that, I would also spend hours each day scouring though a variety of trading websites and discussion forums.
Despite all this however, I […]