iii. Advanced Money Management

This course equips you with the knowledge to analyze your trading account’s performance, calculate optimal lot sizes, and implement proper risk management.

6.3.3 Reference

20-minute read 1. Reading Candlestick What is a Candlestick? The Japanese originally created Candlestick analysis to trade rice. Candlesticks dated back to the 1700’s and was later “discovered” by Steve Nison, who learned how to read the Candlestick charts from a fellow Japanese broker. Mr Nison went on to study the Candlesticks technical analysis further […]

4.2 5 Pitfalls of A Trader

15-minute read 1. Unrealistic Goals The world of Forex trading can be fascinating, but the temptation of fast wealth can lead traders to unrealistic expectations. This exploration delve into the mirage of exaggerated expectations, and highlight the dangers of setting unattainable targets in the intricate and ever-changing currency trading landscape. Key Takeaways: “Unrealistic Goals” serves […]

3.2 Forex Trading Fundamentals

8-minute read What is Price Movement? Price movement in forex trading refers to the changes in the value of one currency relative to another over a specific period. In the foreign exchange (forex) market, currencies are traded in pairs, and the price movement reflects the fluctuation in the exchange rate between these pairs. Understanding and […]

3.1 Scientific Approach

15-minute read JF LENNON TRADING METHODOLOGY What is the Scientific Method? Scientific method refers to bodies of techniques for investigating phenomena, acquiring and generating new knowledge, or correcting and synthesising existing knowledge. For an investigative endeavour to be termed scientific, the work must be based on a method of inquiry involving the gathering of observable, […]