I’ve been writing about Forex trading for the past 9 years, and I truly enjoy the responses I get from the people who’ve read, applied and benefited from the material I put out.
However, every now and then I’d get a […]
FX Concepts LLC was once the world’s largest Forex hedge fund that at its peak managed more than 14 billion in assets.
As of September 26, that number has declined to $661 million.
Founded in 1981, FX Concepts has suffered significant losses […]
Twenty years ago, the ability to make a living without being employed at a job, was a privilege.
These days however, with companies outsourcing and automating labor, this has now increasingly become a necessity.
Nevertheless, the joy of escaping employment lingers long […]
(In order to understand what is margin in Forex trading, you first need to understand how trading leverage works: Understanding Forex Leverage)
So as you know by now, it’s not the maximum leverage, but the actual leverage […]
The two most common and significant trading mistakes are:
Put together, these over-trading tendencies account for the majority of losses among retail traders.
So why do so many people fall into this trap?
The not-so-obvious answer lies […]
Here’s something for you to think about, if you’re serious about attaining financial independence with Forex trading.
Can you answer any of these questions with certainty and clarity?
– Why are you looking to trade for a living?
– […]
During World War II, the U.S. Military stationed forces on some islands in the Pacific ocean. They kept military equipment and supplies on these islands, and built makeshift runways for planes to land and take off.
Interestingly, the military personnel found […]
Below you see 6 boxes on the left, and 6 boxes on the right:
The contents of the boxes to the left have something in common.
The contents of the boxes to the right also […]
Whenever I start thinking in certain patterns, my trading performance plummets.
This has been such a regular occurrence that I have an acronym for it: DIED.
It stands for Desperate, Impatient, Egocentric, Daring.
When I’m desperate, I think:
Here’s a myth you see almost everywhere online: Successful trading is simple.
The truth is, it’s not. That’s just a marketing angle.
If trading was simple, anyone can just pick up a book, follow what it says, and become a winning trader.
But […]