As adults, we spend most of our lives exchanging time and effort for money.
Whether it’s through Forex trading or an office job, the goal of most of our daily activities is essentially to have more income.
But does having more money […]
It is commonly said that retail Forex traders are subject to the 90-90-90 rule:
90% of them lose 90% of their money within 90 days.
Although this is a slight exaggeration, the point is nonetheless anchored to the reality that the vast […]
Every now and then I’d get a variation of an email like this. It’s a valid question so I thought I’d take some time to talk about it.
As you may know, I […]
Shortcuts are great.
They enable us to get the rewards without having to do much work.
I mean, who wants to work for something when we can “cheat” and get it quickly and/or for free?
Shortcuts benefit our lives without requiring us to […]
A few years ago I was browsing the various news sites, and caught wind of the military escalation in Ukraine.
Reportedly, about 1,000 Russian troops have now crossed the Ukrainian border.
Unsurprisingly, a number of news reporters jumped on this story and […]
Last week I met with a good friend Mike, for lunch.
He’s one of the best intraday traders I know, who decided to stop short-term trading because it was taking too much of a toll on his physical and emotional health.
In […]
Trading is a deeply personal activity.
Like painting or singing, it’s not something most people would want to do in public.
Why?
Because these activities are focused on the training process – where mistakes are often made.
As non-professionals, any time we paint, sing, […]
As far as I know, trading Forex as a business is the best way to make a living.
Why?
Because it’s much more than just a way to make money (for clarity, check out my About page).
You see, […]
A common misconception about trading on the longer term is that it can only work with a large trading account.
The thought-process goes as such:
When trading on a larger timeframe, one needs a larger stop loss allowance.
With a larger stop loss […]
Whenever I spend more than 2 weeks in a country, I make it a point to befriend the locals and assimilate as much as possible into the culture.
I do this not just because I find people to be mostly good […]