Select Page

Get More Power Over Your Trading With Less Hassle

FXTechstrategy delivers powerful buy/sell trade ideas with stop losses, price targets and super-easy analysis to help you improve your results

Why Trading Is Sometimes Not What You Think

Trading can be counter-intuitive in a number of ways. Let’s examine an instance of this as we look over Shirley’s shoulder at her trade. The green candles were rising faster than the space shuttle Endeavor toward her stop. Her eyes were like saucers while she fought a compelling urge to move her stop-loss. The price action belonged to the YM E-mini 5 minute

Continue reading

How Your Beliefs Can Shape Your Trading

As you trade stocks or any other asset or financial instrument your beliefs play a huge role in the results that you get. In fact, your beliefs are very important components to your programming that took place years ago and still have considerable impact upon your follow-through, or lack thereof. Let’s consider Brad, as he reeled from the sound. Even though it was

Continue reading

How To Develop The Habits To Drive Your Trading Success

Has this happened to you as it did to Harvey? His eyes were at half-mast as he could barely focus on the chart staring back at him from the computer screen. He felt very tired like he had weights on his arms, and his mind was foggy. But, what was quite clear is that he had lost again. Harvey’s anger began to rise

Continue reading

How To Withstand The Tough Times To Be A Successful Trader

I just finished teaching a class on the importance of documenting your trading. It was called “Awareness and Reprogramming.” One of the students complained that documenting was something that they did not enjoy and that it was therefore difficult to follow-through with. Actually, most endeavors that are of value involve tasks that are not in and of themselves enjoyable. But they must be

Continue reading

How Your Language Defines Your Trading Reality

How do you describe your trading process? What are your biases and beliefs about trading and about yourself, and how do you express them? Actually, language and how you use it defines your reality; it can make your reality positive or negative, promising or apocryphal. “Hold on,” you might say, “Reality is what it is and will not change based upon what you

Continue reading

How Imitation Is Your Key To Trading Success

When someone has the same goals as you and they are achieving them consistently, you would do well to “imitate” their strategy because they are proving by their results that the strategy works. Of course, trading is no different. In fact, as a trader, one of the ways to shore up your abilities and skills is to have a role model or mentor.

Continue reading

Why Consistent Trading Success Requires Following Your Rules

An orderly, methodical process of trading is what defines putting yourself in a position to become a consistently successful trader and that necessitates the formulation of and commitment to a set of strong rules. This is one of the most difficult hurdles for traders to negotiate. Why is this you might ask? Well, it means that you must develop, if you don’t already

Continue reading