The GBPUSD, the pair being used for this series of videos, is at some pretty interesting levels. I am looking forward to the direction being picked so we can continue to capitalize on the power of the GBPUSD. This is the mid week update. All in all, it’s been a little tough this week with two large losses and some choppy action. No worries….the stats are very promising.
September 2010
Continuing on in the series of trading the GBPUSD with a super simple trade plan, this video is going to wrap up the rest of the trading week. Complete with spreadsheet, you will see how even simple can make money. Yes, there were great trail setups but the fact is, unless you have experienced solid results being simple, you have to keep it simple. The goal is to become consistent. Consistent at being profitable. Consistent at adjusting setups. Consistent at managing your emotions whether or not the trades are going in your direction.
My goal with this series, as it was a while ago with another strategy, is to hammer in certain aspects which I felt helped add to my growth as a trader. The past series turned some traders who were tanking into solid performers. I have no doubt this series will as well. Believe me…it isn’t me. It is you hearing and acting on the same things over and over again that will push you in that direction. Each person reading this has the same potential as the next person to succeed in trading. It all comes down to those who nurture that potential and don’t go down in flames before the good times roll.
Full Video
It is great to be back trading on a more regular basis. August is always a more laid back month for me. This short preview is all about getting back to the basics. Trading at the core, is very simple.
In times of crisis people seek strong leaders and simple solutions. But what if their solutions are identical to the mistakes that caused the very crisis? This is the story of the greatest economic crisis of our age, the one that awaits us.
This week was a special week for me. Five years ago, I set my mind to learn this thing we call “trading”
What a journey!
I started to write a few words about the experience for a few traders I deal with over at Netpicks. It became more than a blog post. In the very humble assumption that you may be interested in reading what I had to say, I put it all together in a download that you can grab here.
Hope you enjoy the read and would love to read any comments you may have.
atradingplan@gmail.com
atradingplan@gmail.com
Sept 11. Remember the victims.
We all knew it was a matter of time before more regulations would befall the retail forex industry. Changes to margin requirements have been finalized.
Check out the video below for a quick overview of what you should be concerned about.
