Trading Strategies, Psychology

Trading Strategies, Psychology

Video: Inner Circle “Interviews with Successful Traders” series – Mark Austin

Another fantastic webinar session yet again, with this week's session of the Interviews with Successful Traders series featuring Mark Austin of Magnetic Trading, whose main speciality is Index trading. What Mark shared not only had relevance to Index trading, but also across all trading vehicles.. There is also an opportunity to see Mark and ...

February 13, 2020
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Top 5 Daily Habits of Experienced Traders

Success leaves clues, and over the years as an educator and coach, I can confidently say that there are several things that traders who achieve positive trading outcomes appear to do, that less successful traders are not doing. One of these is to have a daily agenda or habits that go alongside direct trading activities with the aims of getting...

February 5, 2020
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Counting the cost of poor trading discipline – A motivation for change

    Before we start, this is one of those “tell-it-how-it-is” articles, so perhaps turn your sensitivity meter down a little and read this in the nurturing, supportive spirit in which it was written. It does involve some work for those who are serious about growing as a trader, so be warned it lays down a challenge to act. T...

January 29, 2020
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Inner Circle Video Recording: Using Autochartist on MT4/5 to identify opportunities & create a trading system

  Please find the recording of this weeks Inner Circle session below "Using Autochartist on MT4/5 to identify opportunities & create a trading system" to review at your convenience.   Ilan was not only generous in giving his time to share the power of Autochartist as a trading tool but gave invaluable insights into his own tr...

January 29, 2020
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Revisiting Your Trading Profit Target Strategy

  Using profits targets in trading, irrespective of trading vehicle chosen (e.g. Forex, Index/commodity CFDs, Share CFDs), is commonly discussed as potential exit strategy. The reality however is that these are often executed with a lack of consistency with ambiguity in trading plan statements. This article revisits profit targets and...

January 22, 2020
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Accumulating into a Profitable Trading Position: A System Checklist

Position accumulation is to increase exposure to a currency pair, by adding a second (or more) position in the same trading direction. Although on the surface the opportunity to increase potential return is attractive, there are also risks that MUST be at the forefront of your thinking. These principles described in this article are appropriate ...

January 15, 2020
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Inner Circle Video: 4 ways to potentially increase your average profit in winning trades

Here if the recording of this week's Inner Circle session to review if you managed to attend or see for the first time if you were not able to make the session live. The principles covered are applicable across all trading vehicles. (click on the icon in the corner for full screen)   https://vimeo.com/383786094     ...

January 9, 2020
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3 potential reasons why forward testing a new strategy is beneficial when amending trading plan

Warning: Turn your sensitivity meter down a little. This is a no sugar-coating, tell-it-how-it-is article (but rest assured it comes from a nurturing place). All over the globe, trading gurus attempt to sell their wares (software, the ‘holy grail’ of trade set ups etc) using retrospective charting examples. Such powerful visual “evidence�...

December 27, 2019
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Trend retracement or reversal? – Can volume be a useful “clue”?

    Trading Volume: General principles Many experienced traders (even those using a simple system will incorporate volume as part of their entry (common) and/or exit (less common) system. It is essential (as with any indicator) that you understand the role volume can and cannot play with suggestions of what is happening to marke...

December 26, 2019
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Trading plan specifics – Articulating your trail stop strategy in your plan

  We have discussed many times the importance of unambiguous, and sufficiently specific statements within your trading plan in previous articles and at the weekly “Inner Circle” webinars (for more information see the Inner Circle in the navigation bar). The benefits of this are twofold: 1. Assist in developing consistency in executi...

December 23, 2019
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Video: Inner Circle Recording – Trading Plan for 2020

Your trading plan is arguably THE most important system to have in place and having a complete and evidence-based plan may for many be a key goal to aim for in your 2020 trading journey. It should serve you in guiding your every trading action, for every vehicle, in entry, intra-trade management and exit. We want to help you achieve this aim. ...

December 18, 2019
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Video: Matching trading strategy to an economic outlook

  At the recent GO Markets Daryl Guppy seminar, we had a presentation from Daryl that covered both an insightful economic outlook as well as some of his technical trading approaches. During the seminar, a question was asked about how to match the two. i.e. if you have an economic idea how can you integrate this into your trading style. ...

December 6, 2019
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US share or option trader: Managing currency risk?

  Many traders utilise shares or options amongst their investment strategies either for income or capital growth. One key factor that such traders may consider in their choice of specific markets to trade is liquidity, with a higher trading volume impacting positively on the ability to get in and out of trades at a fair price. Other...

November 26, 2019
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The Stochastic as an Alternative to RSI (Relative Strength Index) for Trading Decision Making

  Ideally, as traders, our aim is often to identify potential entries at the start of a new trend (so “first in the queue”) and exit at the end of that trend. Of course, we often will identify a price move where a trend may already be established and are therefore faced with the decision as to “join in” mid-trend (we hope) with ...

November 19, 2019
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10 Ways to Manage Your Trading Psychology – a Blueprint for Development

Experts suggest that 80% of your trading outcomes can be attributed to your behavioural and psychological interactions with the market. It is your mindset that determines how well you comply with good trading, even if you are sufficiently disciplined to adhere to a written trading plan, have the motivation to even write such a plan in the fi...

November 13, 2019
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