Currency Trading is all about .. Timing!

Today I entered a trade a little too early and currently have a small drawdown, but not to worry as I have stop losses in place to protect my trading capital.  But if you think about it, trading is quite like Comedy, it’s all or mostly about timing.  When a comedian tells a joke, even if it’s a mediocre one, they can still make people laugh if the delivery is timed correctly.  Similarly the difference between a losing trade and a winning trade can be getting the time of one’s entry correct.  Continue reading

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Getting In Tune or ‘In The Zone’

Just over 4 weeks ago I went down with a bad bout of Flu, which meant I wasn’t trading and lost touch with the Forex markets.  So I then had to get back in tune with with the markets before attempting to trade again.  You may have heard of the term ‘Getting in the Zone’, well this takes a period of time to achieve.  So this is what I did: Continue reading

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