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  • Bitcoin: Investor, trader, gambler or idiot?

    In the last few months we’ve received inquiries from several about Bitcoin and various similar things, often referred to as cryptocurrencies. In essence many ofRead More

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  • Microtrends and risk aversion

    Many a trader will have looked at the same chart (say AUDUSD) at different times (let’s say 4 hours apart), and had doubts or anRead More

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  • So did you get it right?

    Did you get it right? This is an important question for new and seasoned traders to think about – but there is a problem withRead More

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  • New traders conned

    This morning I receive yet another email from somebody selling a system for beating the markets. It’s some software that runs on their server, thatRead More

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  • This is worth your next million

    Lots of new traders are looking for a magic solution to make money. They come into trading as a sort of flirtation – to seeRead More

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  • Sterling causes excitement

    Those who were watching Pound Sterling, would have seen some excitement recently. The Prime Minister, Theresa May, called a snap election on 8th June 2017.Read More

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  • Mission Impossible – early notice.

    What if there was a way to take money out of the markets (legally of course) without  having to figure anything?! That must be theRead More

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  • Nerves of steel – like Formula 1 racing.

    Many new traders are unaware that they actually need nerves of steel. Some will argue that ‘nerves’ are not part of the equation – ifRead More

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  • Dreamers exploited

    The more I look around the net on trading courses, the more I come to think that there is a big scam going on. SomeRead More

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  • Tools – not fools!

    The tools referred to here are ‘physical’ things – as against ‘psychological’. This is about some of the stuff that could be of use inRead More

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  • Basics of the Forex Markets

    The Forex (foreign exchange) markets are the biggest and most liquid in the world. Every day about 4 Trillion US dollars (USD) are turned overRead More

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  • No pain no gain

    How’s about a £5000 loss in a matter of minutes – yes that’ll be painful to most people. I’m sure you’ll read on – butRead More

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A resource for new and seasoned financial traders who are serious about developing their skills.

New traders conned

This morning I receive yet another email from somebody selling a system for beating the markets. It’s some software that runs on their server, thatRead More

The limitations of rules in trading

Why there are no rules

Many new traders are brainwashed by various experts out there into believing that there are certain rules in trading. For example some say, “Never marginRead More

A brief exploration of how patience can affect trading

Patience in trading

What is patience? According the Cambridge English Dictionary, it means: “the ability to wait, or to continue doing something despite difficulties, or to suffer withoutRead More

Coping with volatility – the value of experience

This post continues from ‘Is volatility your friend?‘ The emphasis here is on copying with volatility. ‘Coping’ is a psychological thing. New traders will have emotionsRead More

Is volatility your friend?

Every trader knows that volatility is the thing that is necessary in order for the price to have movement. But there are different kinds ofRead More

Learning about trends – smelling them

It’s often thrown around that ‘The trend is your friend’. I had heard or read these words several times in the last three years. IRead More

No courses, no horses.

Over the last few months there has been much reflective practice. This is about looking back at what one has done in the past, learningRead More

Your first or next million?

This is worth your next million

Lots of new traders are looking for a magic solution to make money. They come into trading as a sort of flirtation – to seeRead More

What is gambling?

Gambling is a bad word and a bad thing for most people. Strangely enough at September 2014, it was estimated that “70 per cent ofRead More

On luck, chance and prediction

In several posts the issue of luck and chance were touched on. There is a need to explore this further, as many who know littleRead More