You are more than just a trader (published August 8, 2013) A few years ago I was reading a great article about procrastination and to my surprise I discovered the article had some golden words about trading performance. Here are the two paragraphs ...

The 10 pips challenge

"If you're not careful, your talent will take you places that your character can't keep you."* It means that you have to build your character in order to be consistently successful. A lot of people have goals and work hard but start loosening their ...

Forex Trading Philosophy

Thinking, Fast and Slow - a book by Daniel Kahneman (published August 2, 2013) Daniel Kahneman is one of the best known behavioral economists and his recent book, Thinking, Fast and Slow is, unsurprisingly, a New York Times best seller. Although the ...

The 10 pips challenge

Decision fatigue (published July 30, 2013) A few days ago I wrote about bad trading habits and what to do about them. Habits are an important part of trading, but there are other things that influence your decisions, including the time you spend ...

The 10 pips challenge

Good to hear. I'm going to be posting more stuff soon. In the meanwhile you can check my previous useful stuff threads, you'll find lots of interesting reading material.

The 10 pips challenge

I've been in the trading game long enough to know that if you increase your win percentage you tend to decrease your win size, at least if you're going to stay profitable. Believe me, I've read enough posts and done enough trading to see the math ...

The 10 pips challenge

gmcc Thank you for the kind words. In terms of the importance of MM, I agree with you. Risk of ruin is something to consider whatever system one is using. I will post about MM soon. At the moment I'm posting old articles from my blog, but after I'm ...

The 10 pips challenge

How to change bad trading habits (published July 24, 2013) Habits govern your life from the time you get up in the morning until you hit the sack in the evening. You eat the same kinds of breakfast, drink the same beverages, watch the same old shows ...

The 10 pips challenge

Stay in the game (published July 16, 2013) Lehman Brothers, AIG, Bear Stearns, Jerome Kerviel, Nick Leeson and MBAC. Every one of these companies and individuals got into financial trouble because they had lost touch with reality. It doesn't matter ...

The 10 pips challenge

I'm not interested in sharing my system, because there's really nothing new for me to offer to you or anyone else reading this thread. The simple truth is that you will most likely not find a system developed by someone else (to match their ...

The 10 pips challenge

Forexgogo, I agree with most of what you wrote. But let me just clarify what I meant to say earlier. First of all, I chose to go with the 10 pips strategy because I had been unable to make money on a consistent basis until I decided to use the ...

The 10 pips challenge

Why 10 pips? (published July 13, 2013) What is it about 10 pips? Why not aim for 50 pips like that well-known Twitter user does? Or why not, at the very least, 25 pips? That would be 2.5 times better than making 10 pips, right? And through the use ...

The 10 pips challenge

10 pips a day? Challenge accepted! (published July 10, 2013) A few days ago I was listening to The Trader's Podcast and Rob Booker discussed writing and publishing trading books. During the show, he mentioned his '10 pips' e-book*, which has had ...

The 10 pips challenge

Hi David, thanks for popping in. I just updated to W8 so that might be an issue, but truth be told, I didn't spend a lot of time on trying to find the fault. It's good to hear the options website is still functional with the indicator you so kindly ...

Horizontal Levels Indicator

Yeah, that doesn't seem to be working anymore, but VolumeTrader has a special indicator for plotting option levels so you can probably use that. I care more about the futures transactions levels as it helps to pinpoint liquid areas, sometimes ...

Horizontal Levels Indicator

I did and it was not very helpful. The guy is trying to sell his service with these videos but by the looks of the preview videos I wouldn't sign up for his service even if it was for free.

Order Flow - Achieving the mindset

I haven't read the financial news for about a week now, but I would guess it's related to tapering. Usually month-end, quarter-end and year-end flows are influenced mostly by portfolio readjustments. I've made a list of forexlive's Q&As, please have ...

Month-end Dollar demand?

Over the recent weeks as I've been developing my 10 pips trading setup I've also made it a goal to read through each and every file, pdf and physical piece of paper that has any trading related information in or on it (don't try this at home, haha ...

Cornholio's Reading Suggestions

Cool. Thanks!

Horizontal Levels Indicator