US non farm payroll release on Friday.
The Non-Farm Payrolls (NFP) report is one of the most closely watched indicators of U.S. economic health. It measures the number of jobs added in the U.S. economy, excluding the…
Core PCE, Personal Income & Personal Consumption Expenditures (PCE) Price Index are released on Friday 30th August
The Core Personal Consumption Expenditures (Core PCE) price index is a key inflation measure closely watched by the Federal Reserve. It tracks the changes in prices of goods and services,…
Leverage and Margin: Benefits and Risks
The concepts of leverage and margin are fundamental to understanding risk management in forex trading. What is Leverage? Leverage in forex trading allows traders to control a larger position with…
Is your trading strategy focused on improving performance or profits?
In my 40 years of trading I've learned to focus on performance not profits - 4 reasons why: 1. Discipline Over Dollars: - Following your trading plan with discipline ensures…
50 FAQs about trade management, account management, and risk management
Here are 50 frequently asked questions (FAQs) about trade management, account management, and risk management in trading: Trade Management What is trade management? - Trade management involves strategies and techniques…
This is one of many ways trading screws up your head!!
Having expectations as a day trader can be counterproductive: 1. Overconfidence and Bias: - We expect a certain outcome & become overconfident, leading to biased decision-making. This can result in…