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Once your trading strategy is defined and if it allows (orders placed in the medium-long term) you can already program cascading orders. Define a threshold from which the buy or sell order will be triggered, and the stop and limit when triggered. You will not be too tempted to put the affect in your trading, […]
Option 1: Specify and perfect private skills As Bruce Lee said, “I fear not the man who has practiced 10,000 kicks once, but I fear the man who has practiced one kick 10,000 times.” When you have a set of great foreign exchange trading skills, you can decide to find your edge as […]
The following are a list of nine things you want to avoid at all costs. Anyone of them can literally destroy your financial dreams and goals! 1. Trading with money you can’t afford to lose. One of the greatest obstacles to successful trading is using money that you really can’t afford to lose. Examples of […]
Have you heard the wise saying that a trader who fails to plan, plans to fail? I have, and I was once that trader! However, did you know that even though traders who have constructed a plan, which incorporates their trading stategy (their “edge”), they have a plan that is likely to fail? If we […]