Think You’re Closing Trades Too Early? Hindsight is the Devil

 I had to write this article because I know from personal experience how hard it can be mentally for new and experienced traders to let go of a trade that they closed too early that went for much bigger gains […]

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Great Traders Gauge Themselves by How Many Good Trades They Make, Not How Much Money They Make

When I started trading forex I realized that 90% of the people who get into trading currencies are here because they think they are going to become rich.

Should You Trade More Than One Currency Pair at a Time?

If someone should concentrate on one currency pair in their forex trading is a fundamental question that needs to be addressed and matched to your trading style before

Turnover by Malcolm Morley

I’ve been flamed a few times on these forums for saying that we should endeavor to traded as efficiently as possible because the spread costs of our transactions

Trade Size by Malcolm Morley

This comment only scratches the surfaces of what is one of the most important topics of all, but it does establish the basic criteria in the right sequence. This

Tick Filtering by Malcolm Morley

Every now and then one see posts over concerns about a market maker presenting prices differently that the way in which we perceive the ‘real’ market. Frequently this

Synthetic Pairs by Malcolm Morley

Synthetic pairs are pairs that you calculate yourself from the underlying data of their components. For example NZD/JPY can be calculated from NZD/USD and USD/JPY. Normally you would

Stop Losses by Malcolm Morley

Michael; there’s a lot of rubbish written about stop losses, and the relationship between t/p’s and s/l’s, so let me say that there are very few absolutes in

Responsibility by Malcolm Morley

GrimFD is a trader over on the OANDA forums. He is also a deep sea diver by trade, diving off the rigs. This must be just about the

Psychology by Malcolm Morley

To do well at this business you need an extra-ordinary psychology, but I think it all boils down to one crucial element, and that is … (insert drum