When to Take a Step Back

When to Take a Step Back

A trader recently took up our invitation to submit issues and doubts to Sam & myself and unfortunately this is the first situation where one blog post will not suffice. The trader in question has been trading for a number of years now, has had some...
Priorities in Trend Trading

Priorities in Trend Trading

It’s a fact that the majority of retail traders fade large moves and are constantly looking to pick tops and bottoms. The chart below clearly illustrates the concept. Source: OANDA Historical Position Ratio On the right hand side, we have the value of UsdCad (Black Line). On the...