“Cut Your Losses and Let Your Profits Run”

“Cut Your Losses and Let Your Profits Run”
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One of the old sayings in trading is “let your profits run” and “cut your losses.” This maxim has apparent roots going back as long as 150 years, and applies to all kinds of trading and in all markets. The basic idea behind this particular saying is to encourage traders to get out of losing […]

Forex Trading Opportunities in November

Forex Trading Opportunities in November
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With only two months left of 2018, it’s time to start reviewing our trades over the past year, and ask ourselves some questions about where we stand right now. Are you where you planned to when you set your goals for the year in January? If yes, that’s great! If not, why? And what can […]

Is Gold Staging A New Rally?

Is Gold Staging A New Rally?
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  With global stock markets under pressure, many investors are looking into safer alternatives for their money. The US dollar has long been seen as one such safe-haven, with the Swiss franc being another major one. However, with the dollar having already rallied for most of the year, and now facing resistance, it may be […]

Top 10 Trading Books of All Time

Top 10 Trading Books of All Time
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Being a trader requires continuous learning and improvement. It is important to keep up with the markets, trends and trading styles. Books on trading, psychology, and different ways to analyse the markets can all help with this. All successful traders we know of have made it a habit to always improve themselves, and be open […]

How to Find the Best Trade Entries in Forex Trading

How to Find the Best Trade Entries in Forex Trading
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Finding the right entry points is a challenge beginners and experienced traders alike face on a daily basis in the forex market. Imagine this familiar situation: You are sitting in front of your screens and looking for set-ups or chart patterns to take advantage of. You then see the perfect trading set-up that matches your strategy, […]

Oil Price Update: How Can Traders Take Advantage of the Rally?

Oil Price Update: How Can Traders Take Advantage of the Rally?
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Looking at longer-term charts of different commodities can sometimes be helpful in getting a general understanding of the big drivers that are influencing both the forex, stock, and commodity markets at any given time. Today, I wanted to share a quick update on the oil market, which has recently started to make headlines in the […]