Introduction to Price Action Analysis Price action simply refers to a market’s price movement on a chart and traders who look at pure price action alone tend to do so without the use of indicators when making their trading decisions. When most traders start out they tend to believe that the more indicators they use […]

Trading emotions

By Richard K. Introduction to Trading Without Emotion Trading based on emotions is one of the leading factors that causes beginner traders to fail in the competitive world of online trading. There are plenty of mistakes that traders tend to make when they base their trading decisions on emotions alone and although we are all […]

  By Richard K. Introduction to The Importance of Trading With Stop Loss Orders Placing a stop loss order to protect yourself against the inherent risk that trading comes with, is a crucial part of trading and risk management. When beginner traders start out the importance of using a stop loss is generally highlighted in […]

By Richard K. Introduction to Trading With Indicators Only Trading with indicators offer an objective and statistical way of performing technical analysis that allow traders to take a closer look at price action and the underlying effects that are generally not perceivable with the naked eye. Depending on the intended outcome of an indicator’s main […]

By Richard K Introduction to Mechanical Trading Systems Most traders who have been trading long enough have somewhere along the line been exposed to mechanical trading systems, expert advisors (EA’s) or trading robots and in most cases their experiences with these systems have been very negative i.e. they lost money. It seems to be a […]