The Psychology of Risk
I have just finished reading “The Zurich Axioms“. I was drawn to this book because I have seen it recommended in a number of different places. The book supposedly describes the secret principles behind how the Swiss, despite living in […]
Demo Account Trading Expectations
One of the things I constantly see repeated across the Internet is how we should double or triple a demo account before we start trading. For example, in
Grid Trading
A few years ago on the Oanda forums, a frustrated trader who after beating his head unsuccessfully on trading for several years posted the following: A few
Dow Theory for Currency Traders
I think the one of the more influential set of theories you need to understand in order to trade is Dow Theory. Well over a hundred years ago
Automated Trading
About a year after I got into the world of trading, like most new traders I stumbled into the world of automated trading. I thought it might be
Performance Expectations
If you hang out in trading forums for long enough, you start to get a handle on how unrealistic trader’s performance expectations actually are. For example, it is
Behavioral Finance
Every time I read a new trading book these days, they all seem to be writing about the new hip topic of “behavioral finance”. I have been doing
Why Trade Currencies?
Every website on currency trading seems to have the mandatory section on “why trade currencies?”. Sorry but I can’t leave this one alone on my blog as there
Trader Developmental Stages
With a newborn on the way, my wife has been feeding me with a steady stream of information about our new baby. One of the things she has
Trading Competitions
On many forums I have seen a number of different forex trading competitions. The winners of these competitions are often used to promote some trading product, or they