CoronaVirus is not the biggest threat

I’m surprised that not a lot of people know about this. We live in an era that anything can happen, just cherish every single day and be grateful for the new day.   Spend less time earning or more time doing things you love, if that’s possible. Stop imprisoning yourself, especially if you are doing…

(Episode #1) Common Misconception of Stop-Loss and Take Profit (8 May 2020)

A common misconception of stop-loss and take profit. Once placed right, stop-loss is the guardian angel that prevent you from losing more money than you should. On the other hand, take profit should be placed at the level where traders who are going to trade against your trade plan is most likely to enter the…

Follow Trading Rules Give You Decent Income, Master it & you will have Breakthrough

This is 1 of the running trades that we had shared with our trade-ideas community.If you trade the strategy as it is designed, you can make a decent living.If you break the rules without understanding the system, you are going towards the path of self-destruction.But if you did active testing(100times per strategy per timeframe) and…

Is Brexit worries the only reason for the fall of GBP?

Being a trader for more than a decade I’ve seen many times news might not do the actual reflection of the market movement. Yesterday after a strong rally, the UK Pound falls even harder. For hours there isn’t any news about it. My take is simple, traders are taking off their profits after seeing rates…