A trader and a professional athlete might not seem to have much in common at first glance, but there are a number of similarities between the two professions, particularly when…
Day trading is a popular way of making money in the financial markets, and many people are drawn to it because of the potential for high returns. However, the reality…
Backtesting a trading strategy is a crucial step in finding a winning system that can produce consistent profits. By simulating historical trades using past data, traders can evaluate the effectiveness…
"Grit: The Power of Passion and Perseverance" is a best-selling book by psychologist Angela Duckworth, which emphasizes the importance of passion, perseverance, and a growth mindset in achieving success. The…
Automated trading robots, also known as algorithmic trading or "bots," are computer programs that automatically execute trades based on predetermined rules and criteria. While they can provide several advantages, they…
Prop trading firms have been gaining popularity among retail traders in recent years. These firms provide traders with the opportunity to trade with the firm’s capital, rather than their own…
Trading is a highly competitive and dynamic field that requires not only technical skills but also a strong mental game. The mental aspect of trading is often underestimated, but it…
Finding and validating a trading system is an essential part of a trader's success. It is a set of rules that guides a trader's decision-making process. It is designed to…
In futures or stock markets, an order book is an electronic system that records all buy and sell orders for a particular asset or security. The order book helps traders…
Introduction Learning to trade the markets is a complicated endeavor. It takes time, effort and dedication to learn new skills and keep them up-to-date. However, becoming a consistently profitable trader…