Trading seems so easy…just follow the rules of a proven trading system. Then why do over 90% of traders fail? This post will show you why and more importantly…how to beat the odds.
This is the Trading Journal I’ve Always Wanted
I’ve complained about trading journals in the past and I finally realized that the only way to have the trading journal I want is to make it myself. Here’s what we have created.
MaxR vs MFE: Why You Need Both
You probably know about MFE. But do you also track MaxR? In this post, I’ll show you why MFE only gives you half of the story and how MaxR can help you dramatically improve your profit per trade.
How to Use Advanced Risk Multiple Tracking
Most traders do a risk multiple analysis on their trades and that’s great! But if you take it one step further and examine these advanced R-metrics, you can gain greater insights into how you can improve your trading strategies.
5 Reasons to Journal Your Missed Trades Too
Journaling missed trades is an often-overlooked way to improve your trading results. Learn how to do it and the top 5 ways that it can take your trading to the next level.
How to Setup a Free Forex Trading Journal with Trello (and Loom)
Did you know that Trello can make a great trading journal? It has a lot of features that make it perfect for Forex traders. Find out what they are here.
3 Painless Steps That Ensure You Always Fill Out Your Trading Journal
A lot of traders don’t fill out their trading journal because it seems boring and unnecessary. But it is the only way that you can figure out how to improve your trading. So in this post, I’ll give you some tips on how to make it painless and fun (yes, even fun).
How to be a Currency Trader Who is (Almost) Fearless
Fear is an important part of currency trading. But too much fear can cripple you. So how do you eliminate as much fear as possible, while keeping a healthy dose of caution? This article will give you a framework that you can use to overcome fear and dominate your trading.
The Ultimate FX Trading Journal (someone please create it!)
I’ve been looking for a practical Forex trading journal, but I haven’t been able to find one. Therefore, I still use MyFxBook with Evernote. Here is what my ideal journal would look like.
7 Things You Can Do to Stop Taking Dumb Trades
“Idle hands are the devil’s workshop.” That is especially true in trading. If you are taking mediocre trades just because you are bored, then these activities can keep you busy while you wait for a perfect setup to come along.
Embrace the Suck if You Want to Make it in Trading
If you are struggling with your trading right now, then this post might help you see it as a good thing. Yes, there is something good that come out of being a losing trader. But only if you approach it with the right mindset.
3 Easy Ways to Tell if You Have Great Trading Ideas (without risking money)
Are you as good of a trader as you think? Are you better than you think? You will never know, until you start recording some of your trading ideas and measuring the results. Here are the three easiest ways that I have discovered for doing this.
How to Turn Evernote Into a Kick-Ass Forex Trading Journal
If you use MyFxBook to journal your trades like I do, you may still be missing out on some valuable trading information. Learn how also using Evernote can be a good compliment to your Forex trade journaling.
How to Video Journal Your Forex Trades
If you are having trouble journaling your trades in a notebook on a website, then video journaling may be for you. This post will show you the easiest ways to do it.
How to Track Forex Trading Strategies in MT4i
If you are looking for a way to automatically track your trading results, MT4i could be a good option for you. It will give you a lot of metrics that will allow you to figure out what you are doing well and what you can improve on. This post will help you get started.
Video Tour of MyFxBook
In this video review, I check out the free Forex trade reporting website MyFxBook. It was created by GFT and makes it super easy to automatically log your trades and get easy to read reports and graphs. You can even add notes and screenshots to each trade. Find out what I thought about it and if it is worth paying for another option or if free really is best.
How to Get Oanda to Work With MyFxBook
This post will show you how to get MyFxBook working with Oanda. It can be a little tricky, so follow these steps.
A Great Free Online Forex Trading Journal
I haven’t really been looking too hard for a free online forex trading journal because the solutions I have seen in the past have been pretty disappointing. I stumbled upon this site on Twitter and I was quite surprised. It is called MeetPips.com and it might not be the ultimate forex trading journal, but it […]