I had a question from a reader about how to change the leverage that is used during backtesting. This is a great question and I don’t think they go over it in their instructional videos. The leverage does not need to be exact to the penny, but it must give an accurate representation of actual […]
How to Add Price Levels to MT4 Fibonacci Retracement Lines
If you use Fibonacci Retracements a lot, this tutorial may just be for you. In a previous post, I showed you how to do this with a few screen shots and some written instructions. Since then, I have become significantly more sophisticated (cough, cough) and I thought that I would do a video for you […]
Metatrader Tutorial: How to Get Back to the Current Bar Immediately
Sometimes your chart and take a little time to move back to the current bar after you have scrolled back. This post will show you how to solve this.
Why Green Fairies Will Absolutely Destroy Your Forex Trading
Green Fairies can be the worst thing that ever happens to you. Find out why and how you can avoid falling under their spell.
Forex Tester 2 Tip: How to View the Equity Graph
This is a great feature in Forex Tester 2 that you may not have known about. I only just started using it recently and it allows me to see where my system stops working and how volatile it is. These are two metrics that are not immediately evident when looking at the final testing results. […]
How to Setup Text Mesage Alerts in Metatrader For Free
UPDATE: (4/7/11): The free option is not working anymore. The only way to setup text message alerts is by following the instructions in this post. How do you know when the GBPCHF is close to entering a limit order when you are away from your computer? Set up an alarm that sends a text message […]
What is the Trading Lifestyle?
I am always looking at other blogs and trading forums, trying to find good ideas for this blog. Information that you could use to become a better trader: news, biographies, answers to problems or stuff you would just find entertaining. In my web surfing, I came across the term “The Trading Lifestyle” while reading through […]
How To Add More Monitors To Your Computer Without Dismantling It
One of the fun things about being a trader is being able to have multiple monitors. At some point it becomes ridiculous, but in my opinion, a minimum of 2 or 3 monitors can really boost your productivity. Longer term traders may not need it, but it is very helpful for shorter term traders because […]
How to Backup Your Trading Computer
It’s easy to backup our computers. But we always forget to do it and that can have huge consequences. Learn the easy way to backup your trading computer.
5 Best Ways to Earn Extra Money
If you have blown out your trading account, you have two options. You can sit down in the corner to cry and never trade again. Or you can get back up on the horse and figure out a way to build a new trading account. This post will give you some ideas on how to do it.
Excuses Begone! – Book Review
I just got through reading, err, listening to Dr. Wayne Dyer’s book Excuses Begone! Even though this isn’t a trading book per se, I believe that it is important to explore different points of view when it comes to examining my own psychology. I usually get the audio version of a book whenever possible because […]
How to Sell, Donate or Recycle Your Old Trading Books
Do you have a pile of trading books that you will never read again just taking up space in your home? This post will show you how to get rid of them in the best possible way.