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TRADING RULES AND ADVICES After one trade enters in the profit zone move your stop loss at the entry zone (break-even), or play with trailing stop. This way the trade can’t be a bad trade anymore. Example: entry point 1.3720 short Actual level: 1.3690(30 points profit)-move stop loss at the 1.3720 level or go with [...]

1. We accumulate information – buying books, going to seminars and researching. 2. We begin to trade with our ‘new’ knowledge. 3. We consistently ‘donate’ and then realise we may need more knowledge or information. 4. We accumulate more information. 5. We switch the commodities we are currently following. 6. We go back into the [...]

Forex is not a funny game Any attempt to trade without analysis and studying the market is equal to a game. Practice Allow at least 2 months for demo trading. Consider this: 95 % of the beginners fail to succeed in the real money market due to lack of knowledge, practice and discipline. Those remaining [...]

In this business, letting your emotions control you will lead to disaster. Instead, you need to have a powerful mindset, or what we call the Trader’s Psyche. This is a focused psychological framework that will help you develop selective, wise, and patient trading methods. The most successful traders exhibit these mental habits which help them [...]

Named the best trader by CNBC, Lous Borsellino is known worldwide as an expert in futures and other financial instruments. His 20 years experience « on the floor » at the Chicago Merkantile Exchange made him one of the most famous and thriving trader on futures and America`s S&P 500 index. Following his vast experience [...]

So why do traders fail? Without Education and an Understanding of The Psychology of The Market Your Chances of Profitable Trading are Profoundly Limited!While the trading instruments that make up the market have no emotions, the individuals that trade those instruments are human beings and are very emotional by nature. Realizing that the human emotions [...]