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.Latest Live Videos
Editors’ Picks
EUR/USD struggles for direction amid USD gains
EUR/USD is trimming part of its earlier gains, coming under some mild downside pressure near 1.1730 as the US Dollar edges higher. Markets are still digesting the Fed’s latest rate decision, while also looking ahead to more commentary from Fed officials in the sessions ahead.
GBP/USD drops to daily lows near 1.3360
Disappointing UK data weighed on the Sterling towards the end of the week, triggering a pullback in GBP/USD to fresh daily lows near 1.3360. Looking ahead, the next key event across the Channel is the BoE meeting on December 18.
Gold losses momentum, challenges $4,300
Gold now gives away some gains and disputes the key $4,300 zone per troy ounce following earlier multi-week highs. The move is being driven by expectations that the Fed will deliver further rate cuts next year, with the yellow metal climbing despite a firmer Greenback and rising US Treasury yields across the board.
Litecoin Price Forecast: LTC struggles to extend gains, bullish bets at risk
Litecoin (LTC) price steadies above $80 at press time on Friday, following a reversal from the $87 resistance level on Wednesday. Derivatives data suggests a bullish positional buildup while the LTC futures Open Interest declines, flashing a long squeeze risk.
Big week ends with big doubts
The S&P 500 continued to push higher yesterday as the US 2-year yield wavered around the 3.50% mark following a Federal Reserve (Fed) rate cut earlier this week that was ultimately perceived as not that hawkish after all. The cut is especially boosting the non-tech pockets of the market.
Here is what you need to know on Friday, December 12:
Here is what you need to know on Friday, December 12: