Category: Education

Welcome to the Introduction to DAX indicators article. We are moving away from the chart patterns from the previous module and are now starting a new series on technical indicators. We will take a look at what technical...

Why are traders taking profit too early? It is first important to understand some of the psychology behind this question. What may come as a surprise to many of you is that many traders have problems letting their profits run....

When creating your first DAX trading plan, just remember that those who fail to plan, are planning to fail. This is a common saying. Another one I like is: “Prior Planning Prevents Piss Poor Performance”. Both of...

In this unit, we are going to look at another aspect of the psychology of money management which causes many traders to fail. That is people’s desire to trade as part of a crowd. It’s not necessarily wrong to trade...

Today we are going to look at the common mistakes DAX traders make. Even the smartest of people make these mistakes when entering into trading. This will help to ensure that we avoid those mistakes on our path to becoming a...

The concept of money management and the psychology of money management is the most important overlooked factor of successful trading. So in this unit, we will study one of the most important components of the...