ForexSpirit

One of the main reasons that I looked into news trading (apart from to see if it would complement my regular more long term trading approach) is a comment made by Richard McCall in his book ‘The Way of the Warrior-Trader’. Throughout the book McCall applies the wisdom of the ancient samurai way [...]

Dirk has released his third newsletter; this one deals with the resurgence in news trading as the best way to make easy bucks in the forex market. You can read the newsletter here.
I certainly came across enough of the news trading marketing from the trading marketing wizards to have my curiosity peaked. I [...]

There is a rather enlightening article on CNNMoney.com that reports on new research into whether success is all about natural ability, or if you practice enough can you be great.
Seems like if you put your head down and focus on making yourself better for a long enough time you too can achieve greatness in your [...]

I received an email last weekend from a fellow trader who wanted to know how I mentally handle the drawdown.
I think that it might be worthwhile if I share my reply, as it contains nuggets of useful advice which I hope to more fully expand on in future postings.
My reply, written on Monday this week, [...]

The euro remained relatively rangebound for the rest of the week.
On at least two different occasions I contemplated closing my lowest open position for a modest 30 pips profit, but refrained on both counts afraid that if I did so I would miss a big up move. Of course, in hindsight now I should [...]