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Trading Insights

Deliberate Practice: Part 1

We’re bringing back another oldie, but goodie, and this one goes out to all of our discretionary traders and chartists out there. Practice doesn’t make perfect, it’s perfect practice that makes perfect…or gets you close to it…

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Reflecting on My Performance for 2011

Good morning forex friends! With 2011 quickly winding down and trading pretty much a wrap for the year, it’s time to do the most beloved (or hated) of trading tasks: reflecting on your trading performance. I’ll share with you an example of how I reflect in hopes that it will help you do your own. Check it!

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Always Be Prepared!

With the new year approaching bringing new beginnings, it’s always a good idea to revisit fundamental skills and ideas before planning your attack. So we brought back, “Always be prepared” because this mentality can never be driven home enough in this game.

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My Trade Journal for 2011

Before I bid farewell to the year that was, I decided to take a short walk down memory lane to give you a review of my trading performance and the lessons I learned throughout 2011. Do any of these trading lessons ring a bell to you?

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A speculator’s advantage is choosing when to bet. Get out if the conditions are not right. Always put money on the winners.Larry Hite