A Lesson in Consistency and Profitability Through 36 Trades
Trading requires more emotional stability than most aspiring traders realize. One of the beliefs that aspiring traders bring with them to our Forex System Development Workshop, has to do with consistency. Most aspire to have a 60-80% win rate. “Winning” seems to be at the top...One Reason Why Paul Tudor Jones Might Like the 200 Day Moving Average
“You don’t need to go to business school; you’ve only got to remember two things. The first is, you always want to be with whatever the predomianat trend is.” – Paul Tudor Jones, Market Wizard Trend following has been around for ages and it is still...What We Learned About Trade Management After 4 Simulations On 200 Trades
“It’s not about being right, it’s about making money.” – Scott Ramsey, Market Wizard Most retail traders think that profitable trading is just about picking winning trades. Hence the enormous focus on entry techniques. However, the devil is always in the details. When traders are studying...End of Day Forex Trading Strategies: Breakouts
End of day trading allows you to benefit from the volatility in the Forex markets in a time efficient manner. Once a day, on the New York market close, you can assess the daily charts and make decisions about what to buy and sell, as well...Volatility Measurements: Different Strokes for Different Folks
We have discussed at length about Volatility in our blog. More recently, we spoke about the Vix index and the risk-on/risk-off theme. Earlier this year, we spoke about volatility in various contexts. Many traders assume volatility means “risk”, so just as the VIX Index rises when...
