Category: trading and psychology

JEFFREY BENSON ON “REASONS WHY I CHOSE FOREX & TRADING”

JEFFREY BENSON ON “REASONS WHY I CHOSE FOREX & TRADING”

Jeffrey Benson went ahead to let us in on his forex voyage. “I got to know about forex through a family friend” He speaks about Mr. Kunle who let him in on the forex virtue by inviting him to a seminar (IML) in which he […]

HOW TO TRADE ON THE FOREX MARKETS.

HOW TO TRADE ON THE FOREX MARKETS.

Dear Traders, We look at the myths related to ‘trading on the forex market.’ These are misconceptions that give many people that are new to the world of forex trading the wrong impression of forex trading, causing them to miss out on the opportunities that this market can provide. Forex is the world’s largest market for buying and selling currencies. Billed as the riskiest financial market, it is involved in approximately $3 trillion worth of transactions each day.  So, I’m tired of running away from them, tired of the fact that I keep learning and learning but it seems there are guys who have some special power to this market than […]

WHY YOUR TRADING PSYCHOLOGY IS IMPORTANT.

WHY YOUR TRADING PSYCHOLOGY IS IMPORTANT.

John Ayodeji Osibona has been in the industry for 18 years with a chemical engineering and financial maths background. When asked about his 5-year-dream, he said; “Trading and developing traders”. Taking big lot sizes were his weakness. Ozi is an incredibly exceptional trader and he’s […]

HOW TO USE THE RSI IN FOREX TRADING.

HOW TO USE THE RSI IN FOREX TRADING.

The relative strength index (RSI) is a very popular indicator for monitoring the momentum of price in the market. It evaluates overbought and oversold market conditions too. So I will go straight to the point cos’ this indicator is obviously not new to the majority […]

HOW TO MAKE A TRADING PLAN.

HOW TO MAKE A TRADING PLAN.

I asked some people what their trading plan is and you hear something like “I wait for breakouts and retest” Most traders confuse a plan with a strategy. If you are making a trading plan and you don’t know where to start from, this is […]

7 LIFE LESSONS I LEARNT FROM TRADING THE FOREX MARKET.

7 LIFE LESSONS I LEARNT FROM TRADING THE FOREX MARKET.

Hey, guys, it’s me again. I’ve been gone for a long time because I had a trading mental block (if that’s even a word) and writers’ block. I was basically stuck and that’s because I didn’t have a defined “why”. The “why” question should be […]