Articles for tag: opportunity, stop-loss, spreadbetting, lessons learned, patterns

SniperElite

Strategy

USDZAR – Danger!

I’ve hardly ever won at this currency pair on Forex. But that does not deter me. I’m looking at it again and have shorted it recently at the peak with a very wide stop-loss above. There are some interesting patterns in the chart which means to me that the probability is favourable. Trading currency pairs ...

SniperElite

MotivationalPsychology

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 – but learn from this. Let my pain be our gain. Too often traders talk only about strings of significant wins, and losses are under-represented. I break that ‘rule’ right here. The ...