In Part 2 of the ‘How to become a trader’ video, from the series ‘The Hedge Fund Way’, we discuss ‘risk’, ‘edge’ and ‘trading news trading mentor, Dr. Corvin Codirla, and Nick Batsford, CEO at Tip TV.
Risk and leverage – are two key elements which define a trader. “Look at the great traders of the last 100 years, they all started small but made big sums in the end, took risks”, says Codirla as he explains how crucial is the fine line between reducing losses and leveraging up.
You need to be a pig, a pig which reduces losses, leverages up, to become a better trader. Playing safe doesn’t work, but risk-control does.
While risk is an important part to become a better trader, finding an ‘edge’ is really a key factor. It shouldn’t be only about following other traders or systems, but finding opportunities in the market. As Codirla says, “It is not about what you can take out from the market, it is about what the market will give you”.
Defining the ‘risk’ and ‘edge’ approach in trading, Codirla continues to explain the three key FX drivers – Interest rates, Flows and Value. Watch the video for further insights.
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Editors’ Picks
EUR/USD shifts its attention to 1.1900 and above
EUR/USD has shaken off Tuesday’s dip, pushing back beyond the 1.1800 mark amid decent gains as Wednesday’s session draws to a close. The rebound is largely driven by a modest pullback in the US Dollar, as markets digest the aftermath of President Trump’s SOTU speech and continue to monitor trade-related headlines and signals from the White House.
GBP/USD challenges multi-day highs near 1.3530
GBP/USD leaves behind the previous day’s decline and regains fresh upside traction on Wednesday, surpassing the 1.3500 barrier in a context of a modest decline in the Greenback and a generalised improved mood in the risk-linked space. Meanwhile, the US tariff narrative continues to dictate the mood among market participants after Presidet Trump’s SOTU speech failed to surprise markets.
USD/JPY Price Forecast: Bulls await move beyond 156.00 amid constructive technical setup
USD/JPY attracts some dip-buyers on Wednesday and seems poised to appreciate further. Delayed BoJ rate cut bets undermine the JPY and offset a weaker USD, supporting the pair. The technical setup also favors bullish traders and backs the case for further appreciation.
Editors’ Picks
AUD/USD looks well bid, retargets 0.7150
AUD/USD adds to Tuesday’s advance and clock strong gains past the 0.7100 hurdle ahead of the opening bell in Asia. Hotter-than-expected Australian inflation data in combination with the RBA’s hawkish stance continue to underpin the move higher in the pair.
EUR/USD shifts its attention to 1.1900 and above
EUR/USD has shaken off Tuesday’s dip, pushing back beyond the 1.1800 mark amid decent gains as Wednesday’s session draws to a close. The rebound is largely driven by a modest pullback in the US Dollar, as markets digest the aftermath of President Trump’s SOTU speech and continue to monitor trade-related headlines and signals from the White House.
Gold remains bid and close to $5,200
Gold buyers are returning to the fold on Wednesday, targeting the $5,200 area and possibly beyond, after Tuesday’s corrective dip from monthly highs. The rebound in the precious metal comes as the US Dollar loses traction, with Trump’s SOTU speech offering little fresh direction and AI-related nerves continuing to ease.
UK financial watchdog advances stablecoin oversight as four firms pilot issuance
The Financial Conduct Authority (FCA) in the United Kingdom (UK) is advancing toward the final stablecoin regulatory framework with a pilot program involving four companies, including Monee, Financial Technologies ReStabilise, Revolut and VVTX.
Nvidia earnings to influence AI trade and broader market sentiment Premium
For the last three years, Nvidia has been the engine of the AI boom, and now Wall Street is watching to see whether that momentum can keep going. High-growth stocks have been struggling to maintain their bullish trend in 2026.
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