November 7, 2014 Q: How often do you recommend withdrawing money from brokers? I prefer to do so once a week when I’m actively trading. I don’t leave anything in a broker’s account during a period when I’m rarely trading (like now). Even if you don’t earn any profit that particular week, I do feel […]
Today I want to touch on a fine line between degenerate gamblers vs professional grinders. The degenerates always prefer FLASH so its easy to spot them weather some form of marketing HYPE or quick to post results. The truth is in binary options as well as other forms of trading “NOBODY CARES!” in the end […]
As I was watching the market last week a trade developed that I think is a text book example of how to use stochastic. I tend to stick to the daily charts and trade on swings but from time to time I drop down to a shorter time frame to check up on day to […]
How Much Should I Trade With Binary Options How much should I trade with binary options? Hmmmm, this is a question asked by traders all the time and can be answered in a couple of different ways. The two first answers that pop into my head are always actually more questions. How much can you […]
First and foremost I want to point out that trading binary options is not a mistake. This does not exclude binary options traders from making mistakes. Especially successful binary options traders. There are numerous pitfalls and challenges to overcome, any of which could turn you from the path to success. This is a look into […]
Advanced Stochastic Analysis, Can You Improve On A Good Thing? Anyone who knows me knows that I am quite fond of the Stochastic Oscillator. It is a tool created by George C. Lane and seeks to make sense of the seemingly random movement of the market. In fact, the very name is a derivative of […]
October 4, 2014 Q: I know that overtrading is talked about a lot, but I have the issue of “undertrading,” or having the fear of actually getting into a trade. How do I overcome this? A: Not being able to pull the trigger is on the opposite side of the spectrum of the overtrading phenomenon. […]
How To Apply Volatility To Binary Options Volatility is your friend, as I explained in a recent post. This is because volatility means movement, and movement means pips and pips means profits. Profits are why we are here, yes there are a wide variety of secondary reasons to be in the market but it always […]
Why You Should Embrace Volatility Volatility is your friend. You may not realize this but it is. A lot of traders and investors, most in fact, will shy away from volatility because it implies risk, frustration and loss. The thing is, for a short term trader and/or market speculator volatility is something you need. Volatility […]
Start A Trading Journal Time and time again I am asked, “how can I become a better trader”. Time and time again I am reminded of what really boosted my own trading success. Starting a trading journal. A journal is a great way to keep track of what you are learning, what you are doing […]