The Naked Forex Now forum is a great forum that has been set up by Walter Peters, author of the book “Naked Forex – High Probability Techniques for Trading Without Indicators”. His background is in psychology but he got bitten by the forex bug and has spent many years researching […]
Yearly archives: 2016
17 posts
I thought that I’d just take the time to post some thoughts on the whole EU referendum situation as it’s really a huge deal here in the UK. Half the country is mortified at what we’ve voted to do and it feels like a very divided nation at present. Personally […]
There’s one aspect to choosing a broker that often gets overlooked which is safety of funds. Sadly, when you place your money with a broker your money is at risk from the broker going bust. Now, you may think that this a very remote possibility and of course it is […]
LMAX are a UK-based ECN broker that I have used and at the time of writing still do use. I first came across them via some promotional material and was blown away by how tight their spreads seemed to be. Up until now most of the retails brokers that I’d […]
This is the one in a series of Metatrader 101 posts, partly so that I can have something to give to clients who are new to Mt4. It will cover the basics so people can get up and running quickly. One of the great things about Metatrader is the amazing […]
This is the first in a series of Metatrader 101 posts, partly so that I can have something to give to clients who are new to Mt4. It will cover the basics so people can get up and running quickly. An EA (Expert Advisor) is an automate trading strategy that […]
I thought that I’d write about something known as the “Gambler’s Fallacy” as it’s something that crops up in trading (particularly FX trading) from time to time. The basic idea is that you can make money by betting cleverly and that somehow through doing this you can turn something that […]
How good is a trading system? How can you compare the performance of two different systems and make a judgement as to which you would rather trade? Originally published in “Traders Magazine”, in this article I explore the various different ways of assessing the merit of a trading strategy. Strategy […]
There are plenty of forex news portals around besides Forex Live but this is the one that I use to keep in touch with what’s going on in the forex world. It’s a pretty straight-forward site with one central page where all the latest news and comments come up in […]
A short while ago I wrote about the differences between the two main forex broker types, namely ECN brokers and Market Maker or Single Counterparty Brokers (see here). At the time I said that the problem with a Market Maker broker is that they’re taking the other side of your […]