Copycat Traders: A Great Way to Learn To Trade

During the Japanese revolution in 1800s, the Japanese politicians toured Europe and the USA to learn western ways. The result was a deliberate state led industrialisation policy to enable Japan to quickly catch up (Source: Wikipedia). In the modern age, many developing countries take it one step further by employing skilled foreigners to work in their…

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Video: Learn from these Leaders, Don’t Let Failures Stop You

Let’s hear about failures from some great leaders. I think you get the message, don’t let failures stop you. Enjoy the video!  

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Hedge Fund Masters: How Top Hedge Fund Traders Set Goals, Overcome Barriers, and Achieve Peak Performance by Ari Kiev

My Views Ari Kiev is a Psychiatrist and he uses his experience in this area to help Hedge Fund traders achieve Peak Performance trading. This book is a collection of interviews with top traders alongside his Ari’s comments on how these traders should improve. While this is a collection of interviews, this book is quite different…

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A Bullish CAD?

Just a quick post on USDCAD. (Click on image for larger view) The Daily chart above shows that the pair is testing an old Price level at 0.99. There is also confluence with an upward channel. (Click on image for larger view) Moving to a smaller timeframe and as I write, it looks possible that…

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Trading Quotes #11 – Tom Basso

“The more you understand the concept you are trading, how it might behave under all sorts of market conditions, the less historical testing you need to do.” Tom Basso      

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Weekly Trade Commentary: 2nd Dec 2012

Related article: Commentary: 25th Nov 2012 Hi Readers, The USD index closed the week at around 80.2 (again). As mentioned in last week’s commentary, this is a pretty strong level. Buyers and sellers are in equilibrium and, as evident, most majors and minors pairs closed the weekly bar as doji. At the moment, my short term…

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Trading Emotions: Part 2 – 5 Simple Control Mechanisms

This is Part 2 of a 2 part series to “Control Your Emotions”. Please click here to see Part 1 of the series. As mentioned in part 1, traders need to take control of their own Emotions. For some of you, this seems like an impossible task, especially if you’re a very emotional person. Hence, do not…

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Trading Quotes #10 – Larry Hite

“I have two basic rules about winning in trading as well as in life: 1. If you don’t bet, you can’t win. 2. If you lose all your chips, you can’t bet.” -Larry Hite        

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Video: You’ve Got to be Hungry to Succeed!! by Les Brown

Let’s end the month with some very inspirational video(s) by Les Brown. If you want to succeed, hear what he has to say. Enjoy!!  

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Trading Quotes #9 – William Eckhardt

“I know of a few multimillionaires who started trading with inherited wealth. In each case, they lost it all because they didn’t feel the pain when they were losing. In those formative first few years of trading, they felt they could afford to lose. You’re much better off going into the market on a shoestring,…

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