ForexSpirit

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 [...]

For the past few weeks I have been busily beavering away on some trading homework tasks directly related to my mentoring relationship with Dirk du Toit.
I have been working on three documents. The first of these documents is my trading plan which I wrote again from scratch. Dirk provides a very nice trading [...]

One of the recent changes to my trading plan was an update to my position sizing. In effect I doubled my gearing as compared to what I had been using. I use a different gearing size dependent on what quadrant of my trading grid price is currently in when the trade is opened. [...]

This is the third in a series of posts answering questions asked by Kris, a reader of this blog. [Part 1, Part 2]
Thanks for your reply. I’m a little confused about guaging the fundamentals - what is the time frame for the fundamental outlook? Is it the long term fundamentals (like 5-10 years) [...]

My foretelling of the US non-farm payroll unfolded broadly in line with what I thought might happen. Was my correct prediction just pure luck or a sign of some masterful trading skill?
Before I tackle that question I’d like to quickly recap how I handled the events of Friday’s NFP release.
Price didn’t make it into [...]