The past two weeks I have been trying to open your eyes to all the trading risk and challenges that you will likely face in your quest to profit from the market. This week, let’s keep that theme going with another twist in the winding road to financial freedom. What’s the Difference Between Trading and Investing? The other day, I was spending time with a friend of mine I have known my whole life.
In many respects, successful market speculation is about outsmarting other market participants. In the trading arena, much like in the jungle, only the strong survive and the weak perish. When referring to the strong in the trading realm, strength translates into having a proven strategy, discipline, focus and flexibility. For those that are lacking in any of the...
The internet is full of get-rich-quick promises and investment "professionals" stating that day-trading is "a losing game". Who should you believe and what is the truth about day-trading for a living? The fact is that there are people who make their living from day-trading the financial markets. There are also more people...
TIPS AND TRICKS
Another of the most important factors when developing or considering a trading system is the percentage of profitable trades, what we have called the Win Rate.
THE TRUMP TRADE: HOW TO BUILD A SYNTHETIC CROSS PAIR