ForexSpirit

Over the weekend I decided it was time I got back to catching up the small stack of trading books I have sitting on the shelf. Unsure as to which one to read first I picked out two and read the first 30 pages of each to see which piqued my interest more.
The [...]

In most tradable markets there are two pieces of fundamental information available at any given moment: price and volume.
Volume information is available for these markets due to the fact that there is a central exchange where all transactions are processed. There is thus one central point through which all trades flow. This allows [...]

Let’s start off with a little parable that aims to teach us something about life:
A boat docked in a tiny Mexican village.
An American tourist complimented the Mexican fisherman on the quality of his fish and asked how long it took him to catch them.
“Not very long,” answered the Mexican.
“But then why didn’t you stay out [...]

It’s been two days since the fateful day when I blew up my account.
I’ve spent that time trying to ween myself off the markets. I don’t have charts up permanently and I don’t have to keep monitoring Bloomberg constantly. I still pop up the charts occasionally, out of morbid curiosity more than anything [...]

It seems like there is a technical indicator called a McGinley Dynamic.
When I first came across this term today I was like, ‘Cool! I’ve invented a technical indicator.’
Maybe I did it in my sleep, or have somehow purged the creation from my memory.
Alternatively, it’s some other guy or gal with the same [...]