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
Quantifying Risk
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
A Holistic View to Trading Forex
There are a lot of different ways people invest, trade or speculate in the financial markets. Some speculate on price movements within the timeframe of minutes or within a day and will close all their positions at the end of the … Continue reading