What Science says about trading ?
If you read the editorials and articles in major financial sites or even watched the news on finance, you would think that everyone was a rational trader and quite sophisticated. However, that is not true, according to science. In most cases, human nature plays a huge...
Why every trader sees the chart differently ?
If you have a Forex funding account and you read about analysts online, you must have observed that different traders will interpret the same chart differently. There are many reasons why this happens. If you want to become funded account trader that takes profit, it...
Trading Personality how can you develop it?
If you wish to become funded trader, it is important to understand your trading personality. It is worth noting that your trading style will usually develop on your personality. Before you pick a trading style, you need to reflect on your personality and lifestyle. If...
What is the Volatility Index (VIX) and why is It Important
If you want to get funded account to be a trader, one important aspect you need to know about is the volatility index (VIX). It is a measure of expected fluctuations in price in the S&P 500 index in the next 30 days. VIX is often called the fear index. The index is...
How Trading can make you a better person?
Peter Brandt made one of the most memorable quotes in the trading world in 1970. He said that if someone wanted to know themselves, issues of pride, character flaws, and areas of greed, and much more, they only needed to become a trader. This saying still holds true...
How To use Gut Feeling And Instinct in Trading ?
Malcolm Gladwell, the author behind Blink argues that you can make great decisions based on thin slices of data. He argues that our subconscious mind is a supercomputer that process answers we need using just thin slices of information. In the age of information...
Why we dont use Demo/simulator trading during our Training Programs?
In the forex world, there is a consensus that if you wish to become a trader, using a demo account is a waste of your time. The only way to gain the experience and skill you need to become a trader is a live account. The reason is that when you lean to trade forex...
Nonfarm payrolls can we trade it ?
One of the biggest movers in the forex world is nonfarm payrolls (NFP). Combined with events by central banks and interest rate decisions, they can have the biggest impact on prices. However, they have seemed to have a smaller role in the recent past. At the first...
THE FEAR OF MISSING OUT, HOW TO DEAL WITH ?
When you become a trader, one of the major issues you will have to address is FOMO, the Fear of Missing Out. It is something that can influence your trading decisions in the wrong way. It can cause you to jump into a trade too early or cause you to close a winner too...
Best Trading Movies to watch
After the market closes like often happens during holiday or you simply wish to take a break, there is no reason why you should not entertain yourself with a movie. During this time, it might be a good time to watch a movie on trading. Most of them have consultants...
How to stop Gambling and start trading ?
Most people who call themselves traders are operating with a mindset of gambling. It is worth keeping in mind that trading is not gambling. If you want to become a trader, it is important to understand what separates a gambler from a trader. What A Gambler Does...
How To Prevent Emotional Trading?
Many investors have a habit of piling into an investment at its top and selling when it hits bottom. This is often caused by media hype or fear. As such, they end up buying at the peak. For individual investors, monitoring of a portfolio actively is an important...