News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
EUR/USD
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Oil - US Crude
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Wall Street
Mixed
Gold
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
GBP/USD
Bullish
USD/JPY
Bullish
More View more
Real Time News
  • Technical indicators are chart analysis tools that can help traders better understand and act on price movement. Learn more about the importance of technical analysis here: https://t.co/NpC1D8y4Aa https://t.co/soVRqRLnrT
  • 🇬🇧 Core Inflation Rate YoY (SEP) Actual: 0.6% Expected: 1.3% Previous: 0.9% https://www.dailyfx.com/economic-calendar#2020-10-21
  • 🇬🇧 Inflation Rate MoM (SEP) Actual: 0.4% Expected: 0.5% Previous: -0.4% https://www.dailyfx.com/economic-calendar#2020-10-21
  • 🇬🇧 Public Sector Net Borrowing (SEP) Actual: £-36.1B Expected: £-33.6B Previous: £-35.9B https://www.dailyfx.com/economic-calendar#2020-10-21
  • 🇬🇧 Inflation Rate YoY (SEP) Actual: 0.5% Expected: 0.5% Previous: 0.2% https://www.dailyfx.com/economic-calendar#2020-10-21
  • Heads Up:🇬🇧 Inflation Rate MoM (SEP) due at 06:00 GMT (15min) Expected: 0.5% Previous: -0.4% https://www.dailyfx.com/economic-calendar#2020-10-21
  • Heads Up:🇬🇧 Public Sector Net Borrowing (SEP) due at 06:00 GMT (15min) Expected: £-33.6B Previous: £-35.9B https://www.dailyfx.com/economic-calendar#2020-10-21
  • Heads Up:🇬🇧 Inflation Rate YoY (SEP) due at 06:00 GMT (15min) Expected: 0.5% Previous: 0.2% https://www.dailyfx.com/economic-calendar#2020-10-21
  • Heads Up:🇬🇧 Core Inflation Rate YoY (SEP) due at 06:00 GMT (15min) Expected: 1.3% Previous: 0.9% https://www.dailyfx.com/economic-calendar#2020-10-21
  • Emotions are often a key driving force behind #FOMO. If left unchecked, they can lead traders to neglect trading plans and exceed comfortable levels of risk. Read on and get your emotions in check here:https://t.co/eILWbFgHRE https://t.co/2M18Wu18Bq
Strategy Video: Breaking Bad Trading Habits

Strategy Video: Breaking Bad Trading Habits

2015-06-02 01:10:00
John Kicklighter, Chief Strategist
Share:

Talking Points:

• We usually think of bad habits in the course of our regular life - social gaffs, exercise, smoking etc.

• Bad habits easily filter through to our trading, and the results can be quite costly

• Breaking these bad habits is crucial, and there are ways to help instigate the change

Want to develop a more in-depth knowledge on the market and strategies? Check out the DailyFX Trading Guides we have produced on a range of topics.

Does habit get in the way of a thorough evaluation of market opportunities? Habits are developed to help make our lives easier. Repetition develops after a process has been establish so that we can more quickly execute decisions and moves. This can be useful in life and in markets, however it can also sabotage us on both accounts. Bad habits are the bane of many people - from smoking, poor socializing, under-exercising, and many other repeat issues that undermine our progress and happiness. In trading, bad habits can similarly frustrate us and carry a more direct financial cost. Recognizing our bad habits is the first step; but beyond that, breaking them requires better self-assessment and perhaps some pen and paper. We discuss ending bad trading habits in today's Strategy Video.

Sign up for John’s email distribution list, here.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES