On March 14 2014, tensions between the U.S. and Russia escalated when a referendum was announced to be held in Crimea that weekend, on Sunday March 16.
By all estimations, the Crimean people were expected to vote […]
In the only sport that has both men and women competing with each other, Julie Krone is the most successful woman jockey in American horse racing history.
I don’t know much about the horse racing, but after reading a few articles […]
As individuals living in society, most of us have similar instincts and desires.
Thus, in any given situation, we tend to act and react like most other people. Our behavior typically mirrors that of everyone else.
And for the average person who […]
Without leverage, Forex trading would be practically pointless for most retail traders.
But while it’s one of the most important distinguishing characteristics of Forex trading, I find that many traders are still in the dark about how leverage actually works.
In most iterated competitive systems, leverage and efficiency tend to go up over time.
The result is a growing disparity between winners and losers, where the winners get allocated increasing amounts of resources to keep growing at the expense of the […]
In the past 8 years, I’ve used a variety of different trading systems… often at the same time.
Why? Because situations are changing all the time… and if my trading doesn’t adapt accordingly, I’ll get left behind.
Beginner traders commonly ask, “How much money can you make in Forex trading?”
$500 per month? $2,000? $10,000 or more?
Theoretically speaking, the answer is “As much as you can handle”.
Sounds good? Well… not quite.
You see, in practice this question has little […]
Recently, I received an email from a relatively new retail Forex trader. It went:
“Chris, I can’t get my trading to work… can you help me? I’ve read many books and paid through the nose for a few seminars. Also I’ve […]
Just the other day, I was talking to another trader who uses the MetaTrader 4 platform, and was surprised to learn that he didn’t know about the in-built shortcut keys!
Personally, I like the MT4 trading platform a lot, and use […]
George Soros is one of the richest traders in the world… which is why many years ago, I tried to read his book The Alchemy of Finance.
I said I tried because as a young trader I could barely understand it. […]