Is Forex Trading for Part-Timers?

First things, first. Foreign currency trading, or Forex, is no longer the domain of professionals. That all started changing in the mid-nineties, especially with the advent of the Internet. Now, many part-time traders are finding …

Trading the Morning Star Candlestick Pattern

In the last couple of articles of this price action course, we began learning about multi-candlestick patterns. In this article, we will learn about trading the morning star candlestick pattern – our first three-candle pattern. …

How to Deal with Consecutive Trading Losses

One of the most debilitating experiences that a trader can suffer, especially if you are a novice, is coping with a series of consecutive trading losses. How do you deal with this experience as a …

Developing a Profitable Trading Mindset

Most experts agree that one of the most important aspects in achieving consistent trading success is developing a profitable trading mindset. You can appreciate the relevance of developing your trading mindset by comparing the differences in …

The Scaling Out Money Management Trading Technique

Money management is so critical in trading. Many times, money management skills are what separate winning traders from liquidity providers. I try to give money management and discipline due credit on this site. Every trader …

Trading the Hammer Candlestick Pattern

Interested in trading the hammer candlestick pattern? Pin bars, like the shooting star and hammer, are great for price action trading. Many traders use them incorrectly, so I’d like to show you how to profitably …