By Richard K. Introduction to Trading Discipline Successful traders can be classified as people who have been consistently profitable over a long period of time. The ability to take money out of the markets month in and month out requires extreme discipline and patience. People who enter the world of online trading should always remember […]

  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 […]

By Richard K. Introduction to Developing a Confident Trading Mindset It is a sad fact that most people who enter the world of online trading, for the first time, will lose their trading capital in a very short space of time. There are plenty of factors that contribute to this like: Unrealistic expectations Lack of […]