Articles on institutional positioning, options flow, price action, and the neuroscience of trading.
What’s Inside? The 4 stages to becoming a millionaire trader What is the most important stage to making money trading? What trading and mindset skills you need to become a profitable trader?…
Read article →
To make money trading forex (or any market for that matter), you’re going to need statistics to improve your trading performance. When it comes to improving your trading performance, 9x out of 10, you should be choosing data over opinions. I’ve trained thousands of traders, and often times, the difference between winning and losing money…
This year will mark my 18th year of trading the forex and financial markets. I’ve learned some incredibly valuable trading lessons I wish I had been taught when I first started out. These are lessons which have cost me probably north of $2-3 million dollars in losses, missed opportunities, and making mistakes which took years…
In today’s article I’m going to talk about an important subject in forex trading psychology called ‘the comfort zone‘. Before we get into this important trading and mindset lesson, I’d like to talk about a close relative of mine named ‘Vesh‘. Vesh recently had his 2nd hemorrhagic stroke in 5 years. Most people who have two…
Without a doubt, this was a successful year at 2ndSkiesForex. As a team – our staff grew, we got smarter and accomplished many goals. While this type of success is ‘satiating’, what really floated my boat was the students and traders. Many this year after hard work and lots of practice + training broke through.…
Many people come to the forex market with ideas of trading successfully, visions of traveling to postcard beaches, and having all the free time they want. But many do not make it and usually give up before getting to their pot of gold. Week in-week out I hear from developing traders who say something like,…
Did you know you could have a 50% accuracy ratio for your trading, always have a 2R profit target, and still lose money? Its true, (although its a low probability), but remains true nonetheless. How? Because of two key factors: % account risked and your risk of ruin ratio. At a bare minimum, you have…
The A+ Setups, The Trades That ‘Kick You In The Chin’ There is one mistake I see beginning traders constantly making. They wait on the sidelines for days, waiting for A+ setups, waiting for setups that ‘kick them in the chin‘, or ‘knock them over the head‘. If you need to get kicked in the…