T3chAddict

T3chAddict

Day trader. Tech geek. Sim Racing Enthusiast.

Leverage in trading

Why do brokers offer leverage?   When looking to trade Forex or commodities like I am, you’ll find many brokers offering a leveraged account. Promotions on how you can trade 40.000 dollars with only 100 dollars in your account. What’s…

Coming up with a game plan for trading

Coming up with a game plan for trading   This is bit of a part 2 to my previous article on where do you start to learn how to trade?  There I mention that if you don’t know where to begin.…

20/80 Rule

The 20/80 Rule   It’s always good to have a moment of reflection. Especially so when trying your hand at a new business. Many a times we get caught up in just completing tasks and staying busy. Thinking we will…

Best time to trade

When is the best time to trade? When is the best time to trade? This is somewhat of a personal question. I believe it depends on a few criteria. Where are you located? Where is the exchange located that you…

Understanding the big reversals

  The Big Reversals   Now that you know the basics and have played around with drawing trend lines on charts we can start looking at charts from a bird’s eye view. If you haven’t mastered the basics yet, I…

How to Analyze Historical Price Action

  In order to know how to trade futures, or any financial instrument for that matter, it’s important to know the history. In particular the historical data on the behavior of price action.   History belongs to the victor They say…

Goal to become a successful trader

Changing (improving) my goal   Become a successful trader When I decided I was going to become a successful trader I made my goal just that: ‘to become a successful trader’. Usually, we think that by setting a goal we…

Bootstrap trading

Bootstrap Trading The internet is full of websites, articles, blogs, videos, with good and bad sources. And sadly in most cases, simply charlatans. Selling snake oil and potions to the highest bidder. So where do you start? Who do you…

What resources do I use to learn trading?

What resources do I use?   The resources I use for gathering knowledge on what a certain trading strategy, tool or indicator does are Google and YouTube.   End of article.   Alright, I’ll give a little bit more insight…