Derivatives trading!
What I believe has been the absolute market revolution since shares.
Derivatives might sound complicated and something you would hear from a professor or a know-it-all businessman – but they’re really not.
I am no academic or even remotely one of the smartest guy’s in the world. And if I can grasp the idea and understanding of...
I watched the Oscars recently and saw Michael J. Fox receive his humanitarian award. This brought me back to my childhood with the legendary Back to the Futures movie...
Also this year we saw The Back to the Future stars Doc Brown (Christopher Lloyd) and Marty McFly (Michael J. Fox) reunited and shared the stage at the New York Comicon 2022.
This is where they...
What is a lot?
A ‘lot’ is a measure of a transaction amount.
It’s the minimum number of units of the base currency that you can buy or sell.
This gives traders more control over the exposure per trade.
There are four main types of Lot Sizes.
Lot size #1: Standard lot = 100,000 units of base currency
Risk per pip =$10 per pip
Lot size #2: Mini-lot = 10,000...
Is trading a form of gambling?
With hesitance, I would say yes.
However, I would rather call trading a form of strategic gambling as both require elements of risk, reward, strategy and decision making.
In the next two weeks or so, I’m planning to publish a new online FREE book called “Poker Vs Trading”.
Who knows, by the end of it all you may take up...
Q. How do you work out CFD Interest Swaps with an example?
Answer: CFDs is an instrument where you pay a small amount of money to be exposed to the full value of the share.
With CFDs, there are daily charges when you buy and daily income interest that you receive when you sell (go short).
The charge is known as a ‘daily swap’ or ‘daily interest charge’.
You...
Thrill is a dangerous emotion to have as a trader.
Especially, when you bank a winning trade, when you lock in profits during a favourable environment and when you count your profits at the end of the week.
You are only as good as your last trade. Which means, you need to forget about the past and focus on the future.
However, this doesn't mean you can't...
If you’re new to trading, listen up.
There are serpent companies and individuals out there, with only one goal.
To make profits and money for themselves and NO one else.
They do this by exploiting the newbie trader’s optimism, greed and fear by tricking them into what I call “Easy-Money-Traps”.
As a savvy trader, you need to know how to spot and avoid these...
I guess my number one rule to prevent a portfolio going bust is my 20% Rule…
The rule is simple.
If my portfolio ever drops below 20%, due to a losing streak, I halt trading…
Notice the word halt instead of STOP.
When a portfolio is down 20%, this is where you’ll halt your trading but you’ll
KEEP following your trading strategy.
So, you’ll simply demo trade...
We are brought up in society to WIN, WIN, WIN!
Throughout our upbringing we must either:
Achieve top grades
Drive the fanciest cars
Wear and own the best brands
In other words, we are raised to win with everything we do in life, until you get welcomed into the world of trading.
Today I’m going to be the contrarian and share with you why you should love,...
QA: What is a Margin Call?
You don't want this.
It's an automatic instruction to close out your trade/s when you have insufficient funds in your portfolio.
This is a safety mechanism for both you and your broker.
It's also where either your trading platform, your broker or an automatic message via email will tell you to either deposit more funds into your account,...
Get in and get out in the shortest time possible.
This is the science of successful trading.
But what happens when a trade turns out to be more like a non-performing investment?
When you hold a long-term trade, there are a few issues that will follow including the:
Opportunity cost
You can find other higher probability trades, instead of having your...
E=MC²
Everything you need to know about the Universe, can be condensed into this tiny equation.
What if there was a formula that unlocked the laws of trading the markets?
I believe, there is…
I call them the 5 Laws To Trading Success…
1. Markets
You’ll need to be able to find and trade the best markets, at anytime and anywhere in the world with CFDs or...
We see too many new traders trade with random lot sizes with no understanding on the impact it has on account sizes, which result in not only losses but BLOWN accounts. This post is by no means a risk or money management strategy but more so just basics on the movement of reversals and how the lot sizes impact the value of your account during this...
As promised alongside our analysis and reports we will also be posting basic educational posts to help newcomers. Today we show how to draw support and resistance lines the GoldView way.
There are so many ways to draw and establish support and resistance lines. Typically this is an area where price stabilizes and fails tp break. Visually this can be represented...
Earlier last week we posted some basic MA5 setup action and how effective it is in gold setups. Today we show you how a simple trading setup that you can use to draw strong levels and how to trade with them.
Support and resistance can be drawn in many ways and often traders find what works for them and use that method. This is a method we use to create strong...
Introduction of Head and Shoulders Pattern
Technical analysis is a necessary thing to select the positions of perfect entry and exit. For that, There are many patterns available for trading, the head and shoulders pattern is one of them. This article is all about the head and shoulders pattern. In simple words, this pattern includes three triangles. The first...
