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 […]
Paper trading, often called demo or virtual trading, is a way for people to practice trading without risking real money.
It’s done mainly for educational and research purposes, and is, in my opinion, the best way to get started since you […]
Binary option trading is a relatively new development in the retail trading world. Five years ago, no one had even heard of it.
Since 2012 however, the popularity of binary options surged as a result of aggressive marketing by binary option […]
It is meaningless to talk about trading profits without also mentioning the drawdown incurred along the way.
A 20% annual return might seem admirable on the surface, but experienced traders know there’s a big difference between achieving it with a 30% […]
As a frequent traveler, I typically don’t stay more than 2 weeks in each city I visit.
The good thing about this is that I’d get to see new and interesting sights all the time.
The bad thing though, is that I […]
This post is the second of a 2-part series. You can read the first part here.
Now here’s the next harsh truth about trading for a living:
The […]
Among the retail traders I’ve spoken to over the years, more than half say that trading Forex for a living is their eventual goal.
This isn’t surprising, given that traders can make money anywhere in the world with an internet connection.
I […]