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Category: Theory and Strategy

Trade With Conviction

How To Decide Which Trading Strategy Is Right

A common trait among beginning and unsuccessful traders is the fickle abandonment of trading strategies that delivered a string of losses. And I am absolutely guilty for as long as I can remember. The underlying motivation is sound.  You want to improve your results and not trade a system that does not work in the…
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Top 2 Reasons Why Trend Trading Is So Hard For Me

Trading and speculation in the financial markets is an appealing endeavor for many people. And so it is for me. But the percentage of people that find success is rather small. 95% of traders reportedly drop out of the game as losers. One of the most popular trading strategies is trend following. Arguably it is…
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Understand Why A Trading Strategy Works

Whatever The Input To Your Trading Strategy There is a very simple fundamental truth to any trading strategy out there. Whether you are a discretionary trader, a fundamental trader, a quant, a mechanical technical trader, or maybe you simply trade your gut feel or let your monkey throw darts. Whatever it is, your strategy is…
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How Order Flow Logic Should Improve My Trading

We all know those dreaded situations. We enter a trade with our best judgement, following the trend etc. etc., we place our stoploss with great care and consideration. And still Mr. Market seemingly knows what we do and think. With uncanny precision price will come to our stop loss, trigger the order and subsequently turn…
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Backtest of a swing trading strategy on EURUSD daily chart from 2014 until today

Goal No matter how hard I study the markets and how well I think I understand the fundamentals, my predictions of what price should do are mostly crap. Maybe I just don’t have the talent.  Also, I am much more drawn to following price action rather than playing the long-term game of “when will everybody…
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