Zen, And The Art of Trading
Zen & The Art of Trading Living Zen is not a religion. It’s not mystical. It’s not that mysterious. The mystery of Zen is a veil, it’s part of the… Read more Zen, And The Art of Trading →
Do You Want to Make Money From Trading?
…Or Do You Want To Have Fun? Because you can’t have both. Many traders spend most of their time throwing money at the markets without a long-term plan or strategy… Read more Do You Want to Make Money From Trading? →
Understanding Elite Performance
Who Is James King? I recently listened to the latest episode #214 of Chat With Traders where Aaron Fifield interviewed James King – and the episode was filled, as usual,… Read more Understanding Elite Performance →
12 Trading Psychology Lessons From “Art of War”
What Is Sun Tzu’s The Art of War? The Art of War is a literary and philosophical classic for good reason. It contains many gems of wisdom for all walks… Read more 12 Trading Psychology Lessons From “Art of War” →
Why Traders Fail: The Pareto Principle
Why Do Traders Really Fail? Depending on your goals and motivations, trading is one of the most incredibly difficult endeavors you will ever undertake. If your goal is to have… Read more Why Traders Fail: The Pareto Principle →
21 Lessons From Jesse Livermore: From Dirt to Riches to Suicide
Who Was Jesse Livermore? Jesse Lauriston Livermore is one of my favorite trader case studies. His biography was loosely fictionalized in the famous 1923 book Reminiscences of a Stock Operator… Read more 21 Lessons From Jesse Livermore: From Dirt to Riches to Suicide →
What Is A Good Win Percentage? The Math of Winning
What Should Your Win Rate Be? Most forex traders (and traders in general) think that their win percentage is the most important statistic of their trading. The relieving truth is… Read more What Is A Good Win Percentage? The Math of Winning →
5 Reasons Why You Should Backtest
What Is Backtesting? Backtesting is the most under-utilized secret weapon in trading. It is the process of poring over historical price data and testing your strategy over hundreds or thousands… Read more 5 Reasons Why You Should Backtest →
10 Untold Truths About Trading
1. It’s Not Easy Perhaps the most enlightening realization I’ve had about trading is that it is a journey. Like music, painting, writing, athletics and every other form of human… Read more 10 Untold Truths About Trading →
Forex Trading Tip #2: Turn Off Your P&L!
Turn Off Your Profit & Loss Trading is one of the most psychologically stressful endeavors you can undertake. It is a tumble-dryer of emotional stimulus that can drive you crazy… Read more Forex Trading Tip #2: Turn Off Your P&L! →
The Importance of Consistency
Four Pillars of Trading Once a trader has discovered a profitable approach to trading that suits their personality, their journey does not end there. In fact, that is where the… Read more The Importance of Consistency →
AUD Flash Crash: A Trading Case Study
What Caused the AUD/JPY Flash Crash? AUD flash-crashed against all of its pairs on Thursday morning, January 3rd 2019. AUD/JPY was the major pair that was hit the hardest, reaching… Read more AUD Flash Crash: A Trading Case Study →
The Importance of Discipline
Self-Control & Trading The market is ruthless and unforgiving. It punishes even the best traders for making even the smallest mistakes. The only redeeming aspect of this side to the… Read more The Importance of Discipline →
What Is Trading Edge?
Understanding Edge Every trader has a slightly different interpretation and definition of “edge”. If you asked 1,000 traders what their edge was, they would all have different answers even if… Read more What Is Trading Edge? →