Author: Justin Low

Author: Justin Low
7

How did you get into trading? Why do you continue to trade? Do you enjoy it?


If you're reading this, you've definitely got some interest in financial markets and/or trading. I'd like to think trading is a branch from markets in general as it is a way to be involved in it. There are plenty of other ways you can follow or get involved in markets, such as journalism, reporting, reading, etc.

So, why did you choose trading of all things? If you missed the content from my earlier post, I compared trading to constructing a building and I elaborated on how it continues to fill my passion for playing video games instead:


ForexLive
If you're somewhat competitive, you'd know that there's no other thing that can replace the feeling of winning. Especially when you're passionate about the matter, it creates that desire and hunger to win even more.

And that's what trading is to me. I can't count the number of times I've lost money on trades in the past, but the feeling of wanting to "win" the next trade just never goes away. It's much like playing sports on a competitive level, really. You always want to win no matter want the circumstance may be.

But if there is one unhealthy aspect of trading is that it is all a mental game. So, make sure you go outside every now and then. Breathe in the fresh air. Take a walk in the park. Go for a run. Play some sports. Keep yourself healthy.

In order to stay mentally sharp, you also need to be physically and emotionally well. Therefore, make sure you're up to for the game before you step into the pitch and start playing. ;)

So, what is trading to you? Why do you trade? Do you enjoy trading? If not, why do you continue to trade? Feel free to share your thoughts in the comments below.

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Author: Greg Michalowski
56

How did you do last month? The numbers show that 76% of you lost money.

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How did you do last month? The numbers show that 76% of you lost money.


Author: Greg Michalowski
Category: Education
56


ESMA requires brokers to show the % of winners to losers New ESMA regulations are now requiring EU regulated brokers to report data on trader success and failure. More specifically, they must report the aggregate % of winners and losers of their client base.

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Sentiment takes a turn for the better as Europe clocks off
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Author: Greg Michalowski
1

Define and limit your risk. It can make a huge difference in your life/trading.

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Define and limit your risk. It can make a huge difference in your life/trading.


Author: Greg Michalowski
Category: Education
1
Promise me something.... Earlier in the day, I posted this picture and asked to tell me the story from what you see. You can often tell a lot from a picture even if you don't know much about it, and in trading we do the same thing with charts. 

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Author: Greg Michalowski
3

ForexLive anniversary: Knowing the different types of risk will keep you out of bar room brawls in the markets

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ForexLive anniversary: Knowing the different types of risk will keep you out of bar room brawls in the markets


Author: Greg Michalowski
Category: Education
3
Anyone can get in a bar room brawl. It is those that stay out of them that survive. prompted me to take a look back on what I wrote on that day.  Adam's post about the EURCHF floor breaking

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Author: Greg Michalowski
3

ForexLive Anniversary: If you want to be a successful trader, trade like a rat...

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ForexLive Anniversary: If you want to be a successful trader, trade like a rat...


Author: Greg Michalowski
Category: Education
3
Create a Habit Loop and trade like a rat. When scientists put a rat in a maze over time, they can  Before long, those dirty rats are racing through the maze with ease and having a nice piece of cheese as a reward..

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Author: Greg Michalowski
6

ForexLive celebration. Fake or false breakouts have lots to do with fake news

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ForexLive celebration. Fake or false breakouts have lots to do with fake news


Author: Greg Michalowski
Category: Education
6
The USDJPY had a mini fake break today... The USDJPY fell below the 100 hour MA and a broken trend line earlier in the NY session which should have been more bearish.  When the dust settled a bit, the price break failed and we are seeing a modest rebound.   

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Author: Greg Michalowski
10

ForexLive's 10th anniversary special: Snapchat. Snapcharts. They both tell a story.

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ForexLive's 10th anniversary special: Snapchat. Snapcharts. They both tell a story.


Author: Greg Michalowski
Category: Education
10
Charts - like pictures - are visuals that help tell a story. For traders, that "chart story" can be very revealing.  What can you tell about this picture?   

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Author: Greg Michalowski
2

ForexLive's 10th anniversary special: How to interpret and use the forex snapshot in your trading

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ForexLive's 10th anniversary special: How to interpret and use the forex snapshot in your trading


Author: Greg Michalowski
Category: Education
2
Instant replay post Each day I post, the strongest and weakest currencies for the day as we head into the North American session.  It ranks the strongest and weakest currencies by simply looking at the % changes. 

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Author: SimpleFX
8

Trading psychology: Avoiding common traps in your trading

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Trading psychology: Avoiding common traps in your trading


Author: SimpleFX
Author: SimpleFX
Category: Education
8
How to avoid mental pitfalls Trading is a and, like all high-performance pursuits, the mental element of how you approach your trading is extremely important. Ironically, it is also easy to overlook with many novice traders seeing it as an irrelevant part of their trading.

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Author: Eamonn Sheridan
2

ForexLive birthday continues: What can traders learn from rules-based monetary policy?

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ForexLive birthday continues: What can traders learn from rules-based monetary policy?


Author: Eamonn Sheridan
Category: Education
2
I posted a little earlier on  ForexLive birthday bash blast from the past! The original Pit Bull video lecture To continue the Pitbull theme ...   Don't stop the (birthday) party

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Author: Eamonn Sheridan

ForexLive birthday bash blast from the past! The original Pit Bull video lecture

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ForexLive birthday bash blast from the past! The original Pit Bull video lecture


Author: Eamonn Sheridan
Category: Education
0
One of the greats, Marty Schwartz the market wizard, speech in a video lecture  I posted this back in December of 2013: Check it out! ForexLive

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Author: easyMarkets
3

Have you heard of the four week rule?

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Have you heard of the four week rule?


Author: easyMarkets
Category: Education
3
Something to add to your trading arsenal The internet is awash with Forex trading theories, strategies and magic incantations to achieve consistent results on the markets. Although it is likely that some of these have validity and can help traders, many of them cannot prove their efficacy or viability in the long term.

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Author: Forex Live
11

Top five trader’s mistakes

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Top five trader’s mistakes


Author: Forex Live
Category: Education
11
Article provided by FxPro, an industry-leading online broker regulated by the FCA The best moments for enter and exit the trade looks obviously...оn the retrospective charts. However, reality is much more complicated. What seems like a good moment for reversal at first glance, very often turns out to be a small stop in the midst of the trend. ForexLive

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Author: easyMarkets
2

Forex trading advice - by Reddit

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Forex trading advice - by Reddit


Author: easyMarkets
Category: Education
2
Can Reddit offer anything to traders? What could possibly be the value of advice from an online forum like Reddit? The specific , not only features success stories but horror stories of forex traders "blowing" their accounts in a myriad of ways. It's like being privy to an extensive trial and error process (most traders experience), without actually putting your own investment on the line.

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Author: FBS
9

Technical indicators: Friends or foes?

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Technical indicators: Friends or foes?


Author: FBS
Author: FBS
Category: Education
9
What can technical analysis do for you Whether to use technical indicators or not is a question that creates great controversy among forex traders. Many traders who relied on technical indicators felt betrayed at some point - by a wrong entry signal or a late exit from the market. indicator allows foreseeing spikes in volatility (the bands get closer together). In addition, they may be successfully used with candlestick patterns (look for reversal patterns at the upper/lower bands). Apply the bands during flats. 

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Author: Adam Button
15

17 things we should have learned since the financial crisis

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17 things we should have learned since the financial crisis


Author: Adam Button
Category: Education
15
The global economy doesn't work the way we thought I stumbled across an aged but relevant post from Mark Dow about from the great financial crisis and the aftermath.

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Author: easyMarkets
6

Look beyond the chart

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Look beyond the chart


Author: easyMarkets
Category: Education
6
Add some news to your trading Forex trading or any type of CFD and non-derivative trading requires an immense amount data. The stereotypical image of a trader sitting in front of a six-screen array with the Wall Street Journal and the New York Times opened on their desk, exists for a reason.

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Author: SimpleFX
5

Trading tips for navigating the summer months

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Trading tips for navigating the summer months


Author: SimpleFX
Author: SimpleFX
Category: Education
5
Seven tips for getting the most out of the summer market It was Ella Fitzgerald who performed the song 'Summertime'. The iconic opening lyrics are, of course, ''. Well may be easier during the summer months, but trading can often be more challenging.

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Author: Forex Live
3

Stay ahead of the curve with sentiment analysis

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Stay ahead of the curve with sentiment analysis


Author: Forex Live
Category: Education
3
Forex education from LegacyFX There are a number of different strategies that traders use to govern their actions or decision-making. One of the most effective is sentiment analysis, which reflects simply understanding the current mood of the market.

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Author: Adam Button
8

Here's the easiest, cheapest thing you can do trade better

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Here's the easiest, cheapest thing you can do trade better


Author: Adam Button
Category: Education
8
Have a glass of water (or a cherry coke) Feeling thirsty? You should probably avoid making decisions and complex mental tasks. We know that dehydration affects physical performance but a new from the Georgia Institute of Technology shows how it diminishes mental acuity as well.

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Author: Adam Button
4

This has to be the real-life equivalent of riding a 100-bagger

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This has to be the real-life equivalent of riding a 100-bagger


Author: Adam Button
Category: Education
4
Getting on the perfect wave, and riding it all the way The 100-bagger is a mythical creature in markets. It means making a single trade and earning 100 times your money. $1,000 into $100,000.

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Author: Forex Live
1

Why you should be using technical analysis with your trading

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Why you should be using technical analysis with your trading


Author: Forex Live
Category: Education
1
Forex education from LegacyFX In its most basic form, technical analysis is the way that a trader times their entry into the market. Technical analysis provides a way for traders to define what their risk will be on any given trade, as well enabling them to limit that risk.

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Author: Eamonn Sheridan
5

China's foreign minister has no idea how the yuan exchange rate is set. Do you?

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China's foreign minister has no idea how the yuan exchange rate is set. Do you?


Author: Eamonn Sheridan
Category: Education
5
Yesterday a China foreign ministry spokesman said "The exchange rate of China's RMB is determined by the market. There are ups and downs. It's a two-way float"

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Author: Greg Michalowski
6

The GBPUSD runs into 200 hour/50% retracement resistance

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The GBPUSD runs into 200 hour/50% retracement resistance


Author: Greg Michalowski
Category: Education
6
Tough resistance above. Can interim support be broken? The GBPUSD moved up to test the 200 hour MA and the 50% retracement of the move down from the July 9 high. That area now comes in at 1.3148-58 (the 200 hour MA was higher earlier). The high for the day reached 1.31577 - right under the 50% midpoint level. 

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Author: Forex Live

Trusting the fundamentals – should you be using fundamental analysis?

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Trusting the fundamentals – should you be using fundamental analysis?


Author: Forex Live
Category: Education
0
Forex education from LegacyFX There are multiple different techniques that go into deciphering markets. One of the most common and effective of these strategies is fundamental analysis. Fundamental analysis is simply the ability to understand why the market is moving in a certain direction.

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