When you are trading the ‘Hard Right Edge’ of the chart on whatever timeframe, you must always try to ‘Manage Uncertainty’. What do I mean and how do you do you that?
When you enter a trade, from that point onwards you do not know for sure what the market will do next and so all you can do is to try and manage that uncertainty by doing the following: Continue reading
When you plan and take your next trade, please ask yourself this question:
‘Do I know the Context of this trade?’
Knowing the Context of a trade is an important part of planning any trade. Knowing the Context means:
Knowing the Context for your trade can give you a Bias and therefore an edge, but how do you do this in practice?
Have you got what it takes to SURVIVE in the markets whilst learning to trade Forex? Will you survive to trade another day? Or will you just become another of the 80 to 90% that fail? How practised are you in your Forex Trading Survival skills?
Whilst learning to trade Forex or any other financial market there are certain things that you must do and that need to be in place, if you are to stand a chance of surviving to trade another day. What are they?
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