Position sizing: the only part of trading you fully control
You cannot control whether a trade works. You can control exactly how much it costs when it does not —…
Category: Education
Practical guides to risk, execution and building a repeatable trading process.
Support and resistance: what these levels actually are, and why most of them are imaginary
A level is not a magic number. It is a record of where large amounts of business were transacted —…
Education
How to evaluate a broker before you fund an account
Regulation, client money handling and execution quality matter far more than the size of the welcome bonus. A practical checklist for due diligence.
Technical Analysis
Trading the London and New York overlap: the four hours that make the day
Roughly 12:00 to 16:00 GMT is when depth peaks, spreads tighten and most daily ranges are completed. Here is how to structure a session around it.
Indices
Trading index CFDs: what you are actually buying
An index CFD is not the index, and it is not a share in anything. Understanding what sits behind the quote explains the financing charges, the…
Education
The trading journal that actually changes behaviour
Most journals record what happened. A useful one records what you believed at the time, which is the only way to find out whether your process…
Education
Backtesting: the five ways a good-looking equity curve lies to you
Any rule can be made profitable on past data. The discipline is knowing the specific ways a backtest flatters itself, and testing for each one deliberately.
Education
Order types: market, limit, stop, and when each one costs you money
The order type you choose decides whether you control the price or the certainty of getting filled. You cannot have both, and picking the wrong trade-off…
Education
Correlation: why your six positions are really one position
Spreading risk across six trades that all depend on the same thing is not diversification. It is one trade at six times the size, and it…
Education
A-book, B-book and what happens to your order after you click
Some brokers pass your order to the market. Some take the other side of it themselves. Most do both, and which one you get depends on…