Finding Your Niche

Trading Business

Fitting Trading Into Life

This doesn't sound too appealing, does it: 10:30pm – Trading Preparation 11:30pm – Market Opens – Commence Trading 01:00am – Stop Trading – Commence Post Session Review 02:00am – Wind-down 03:00am – Bed 07:00am – Up to get the kids ready for school (etc) Late to bed; and a serious lack of sleep. And it’s…

Trading Process and Strategy

Are Short Timeframes Just Noise?

Are Short Timeframes Just Noise? (And Other Scalping Feedback) Thanks to everyone who provided feedback on the Scalping article last week – https://yourtradingcoach.com/trading-process-and-strategy/scalping/ It appears this is a market approach that interests quite a few people. Expect to hear more in future. For those of you not interested though, do not despair. There will be…

Trading Process and Strategy

Scalping

I’ve been following a great blog (http://forexbird.blogspot.com/) for a couple of months now and it’s inspired me to spend a week or two playing with a reduction in trading timeframe. And I have to say that while trading is without doubt a serious business, I haven’t had so much FUN in years. Despite his excellent…

Trading Business

When is the Best Time to Trade Forex?

I often get asked, ‘when is the best time to trade forex intraday?’ Great question! Just because the market trades 24 hours a day doesn’t mean that there are opportunities available all day every day. The market typically varies in range, and therefore opportunity, at various times throughout the 24 hour period. Some periods of…

Trading Business

Which Market Should I Be Trading?

This is one of the most common questions I get from novice traders. They’re stuck at one of the first steps – deciding what market they want to specialize in. If you’re stuck here as well, then there’s something I’d like you to think about which may make the decision easier… You’re unlikely to get…