In 2000 Mark Douglas wrote the book Trading in the Zone. It is considered a classic in books on trading psychology, next to books written by authors such as Alexander Elder such as Trading for a Living. Mark Douglas died last year September at … Continue reading
When you trade you have to deal with two risks. One is the risk of trading in general and the other is the specific risk of the trade you are thinking about at that moment. The first risk is quite easy … Continue reading
Why use a Currency Strength Meter or Indicator?
When trading forex you work with currency pairs: one currency is the base currency and the other the counter currency. If the price on the chart goes up, that could mean either that the base currency is gaining strength, that the … Continue reading