Trading Strategies, Psychology

Trading Strategies, Psychology

Inner Circle video: Become your own trading coach

Please find below the video recording from this weeks Inner Circle session.   Any comments or questions to [email protected] Mike Smith Educator GO Markets Disclaimer The articles are from GO Markets analysts based on their independent analysis. Views expressed are of their own and of a ‘general’ nature. Advice (if ...

May 10, 2020
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Trading choices: Using a trading journal

  We frequently refer both in the articles we publish and the weekly “Inner Circle” sessions we present, to the benefits of a trading journal. However, the reality is that many traders make the choice not to measure trading despite the logical benefits of doing so. Whether you do or don’t currently, the bottom-line decision you are...

May 8, 2020
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Adding the RSI to your entry or exit decision-making

The Relative Strength Index (RSI) is an oscillator type of indicator, designed to illustrate the momentum related to a price movement of a currency pair or CFD. In this brief article we aim to outline what this indictor may tell you about market sentiment, and along with other indicators assist in your decision-making. As with most oscillator...

April 27, 2020
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FX Trading choices: Open positions and economic data release

Market sentiment towards a currency pair, and hence price, changes when new information comes into the market. The most common situation that creates such a change is the release of economic data. These are planned in terms of timing to theoretically offer no market participant an advantage over another market participant.   Economic ...

April 24, 2020
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Inner Circle Video Recording: Trading Time Management

Find below the recording from this weeks Inner Circle session "Critical Trading Systems - Time Management". As always please be aware of the disclaimer and risk warning at the commencement of the video and feel free to contact [email protected] with any questions or comments relating to the session.   https://vimeo.com/40842145...

April 16, 2020
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3 Game-Changing Questions You Could Ask of Your Trading Journal Data

  In previous articles we have discussed in detail the merits of a trading journal in offering evidence for both: a. How well you are following a trading plan? b. How well your trading system is serving you? (assuming you are already following a trading plan) We have also outlined the importance of “closing the circle” and maki...

April 14, 2020
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5-point checklist for using chart patterns within your trading plan

  Chart patterns (e.g. head and shoulders, triangles, double bottoms/tops), are commonly used to assist in trading decision making. If using these as part of your entry approach, their use should be viewed as a specific strategy, amongst others you may use, and so merit a dedicated section within your plan. This article outlines some of ...

April 11, 2020
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Inner Circle Video: Treating your trading as a business…the next level

In this weeks session we explored the concept of trading as a business. We differentiated between this and the way in which many traders operate i.e. in the 'hobby zone'. Additionally guidance was provided to potential stages you can work towards once the basics are in place. The video can be watched below: Any comments or questions to mik...

April 2, 2020
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Control your trading time (with FREE audit tool download)

  ​Trading requires a commitment of time. For each of us the amount of time we must dedicate to trading activities is limited and justifiably so by other life activities (for of course, we want trading to contribute rather than take away from lifestyle). Despite the importance of checking in on how you are using your trading time, comm...

April 2, 2020
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Quick trading Tip…Be Calm and Develop Trading Patience

  When we first start to trade, or subsequently (as a more experienced trader) when we trade a new symbol or system we are often “excited” as we see a “hope” for better results. We often forget that the development of expertise in other areas we have in life (think about what you do in work now for example), you must invest time,...

March 30, 2020
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Should Current Market Volatility Merit a Review of how you are Trading?

  Volatility Revisited Volatility is a measure of the range of price movement over a defined period on a specific timeframe on which any calculation is performed. It may increase or decrease dependent on market conditions and aims to provide the trader with an indication as to whether the range price movement in subsequent candles/bar is lik...

March 11, 2020
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Mind the gap! Strategies to managing ‘gapping’ risk with Shares and Share CFDs

  Obviously, one of the major differences between trading shares or share market derivatives (e.g. Share CFDs and Options) compared to other instruments such as Forex and Index or Commodity CFDs, is the daily set market hours and the risk of potentially significant differences in price between the close of one trading session and the openin...

March 10, 2020
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Coronavirus equity market action: Too early to call a bottom?

  At last week’s Share CFD clinic webinar session on Thursday we discussed the current market response to Coronavirus and key technical levels that could be important. Clearly market reaction has been significant, market sentiment over the last week has given a clear sentiment message as to the adverse financial implications of Coronav...

March 2, 2020
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Inner Circle Video: “Why is my trading system not working?”

Please find below the recording of the video from this weeks exciting Inner Circle session “Why is my trading system not working?": Five key areas to explore NOW. Please note the disclaimer at the start of the video. https://vimeo.com/392460601   Any questions about the content covered then please feel free to drop an email to mi...

February 20, 2020
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Avoiding three pitfalls of shorter timeframe online trading

The relative ease of online trading today has not only increased the opportunity of access but flexibility to trade different time frames that can better “fit” around other things going on in life. Trading short timeframes is a popular choice for many online trading strategies. Indeed, the shorter time-frame charts e.g. 15 minutes or les...

February 16, 2020
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