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Summary

This session will practically highlight why some traders perform differently to others despite using the same strategy. During this coaching Jack will be introducing users to his own unique beat the EA competition to show differences in performance. During this session Jack will take volunteers and challenge them to trade a basic strategy (taught at the start of the coaching) using a randomised chart and trading environment. He will be looking at how the traders perform and analysing their decisions to help evaluate various traits that they may have which may hinder or help performance. There will be trading related prizes for the winner should they manage to beat the EA. The goal of this session is to answer the question of why people with the same system may or may not be profitable and highlight why trading is not just about being given a strategy to trade.
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Editors’ Picks

EUR/USD treads water above 1.1850 amid thin trading

EUR/USD treads water above 1.1850 amid thin trading

EUR/USD stays defensive but holds 1.1850 amid quiet markets in the European hours on Monday.  The US Dollar is struggling for direction due to thin liquidity conditions as US markets are closed in observance of Presidents' Day. 

GBP/USD flat lines as traders await key UK and US macro data

GBP/USD flat lines as traders await key UK and US macro data

GBP/USD kicks off a new week on a subdued note and oscillates in a narrow range near 1.365 in Monday's European trading. The mixed fundamental backdrop warrants some caution for aggressive traders as the market focus now shifts to this week's important releases from the UK and the US.

Gold sticks to intraday losses; lacks follow-through

Gold sticks to intraday losses; lacks follow-through

Gold remains depressed through the early European session on Monday, though it has managed to rebound from the daily trough and currently trades around the $5,000 psychological mark. Moreover, a combination of supporting factors warrants some caution for aggressive bearish traders, and before positioning for deeper losses.

Bitcoin, Ethereum and Ripple consolidate within key ranges as selling pressure eases

Bitcoin, Ethereum and Ripple consolidate within key ranges as selling pressure eases

Bitcoin and Ethereum prices have been trading sideways within key ranges following the massive correction. Meanwhile, XRP recovers slightly, breaking above the key resistance zone. The top three cryptocurrencies hint at a potential short-term recovery, with momentum indicators showing fading bearish signs.

Global inflation watch: Signs of cooling services inflation

Global inflation watch: Signs of cooling services inflation

Realized inflation landed close to expectations in January, as negative base effects weighed on the annual rates. Remaining sticky inflation is largely explained by services, while tariff-driven goods inflation remains limited even in the US.

Here is what you need to know on Monday, February 16:

Here is what you need to know on Monday, February 16:

Major currency pairs trade in familiar ranges to start the week as investors stay on the sidelines ahead of this week's key events and macroeconomic data releases. The European economic calendar will feature Industrial Production data for December on Monday. Stock and bond markets in the US will remain closed in observance of the Presidents Day holiday.

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