by Robert Castillo | Jan 31, 2023 | Mindset, Productivity
The Importance of Setting Specific and Measurable Goals in Forex Trading You’ve likely heard of the acronym SMART as in SMART goal setting. This pertains to setting specific, measurable, attainable, realistic, and time-bound goals. This is how we like to operate at...
by Robert Castillo | Jan 17, 2023 | Productivity, Trading
As a forex trader it’s imperative that you spend time honing your edge and practicing your strategy by backtesting regularly. The best way to develop and refine your edge is to use bar replay to measure the efficacy of your strategy when executed by you (the...
by Robert Castillo | Nov 28, 2022 | Mindset, Productivity
With us having run a forex trading community for the past two years, we’ve seen first hand what beliefs and expectations are commonly held in regard to goals and desires for up and coming forex traders. It’s standard for people to come into the game with an...
by Robert Castillo | Nov 28, 2022 | Productivity, Trading
This is a common question we get here at Phantom Trading. “What computer, tools, software, do I need to get started in trading?” And so we figured it’d make sense to put it into a simple and easy to follow guide here for you to resort to! Off the bat though, we need...
by Robert Castillo | Oct 27, 2022 | Productivity, Trading
What Is Price Action? Price action is the movement of the price of a security (including stocks, indices, and currency pairs) over time. Price action is commonly used amongst traders that employ technical analysis to make predictions about where the market will go...
by Robert Castillo | Oct 27, 2022 | Productivity, Trading
What Are The Forex Market Hours? The forex market is actually open 24 hours a day, 5 days a week (on weekdays), and is closed on weekends. The market opens at 5:00 PM EST on Sunday, and closes on Friday at 5:00 PM EST on Fridays, meaning the market stays open for a...
