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Staying Focused As A Trader: The Role of Trading Journals and Consistency

Staying Focused As A Trader: The Role of Trading Journals and Consistency

by Robert Castillo | Sep 5, 2023 | Productivity, Tools

The Importance of Focus in Forex Trading Picture this: a seasoned trader, sitting at their desk, surrounded by numerous screens displaying colorful, complex charts, graphs, and numbers. Forex trading, to an outsider, might seem like a daunting profession, this was...
The Importance of Using An Economic Calendar As A Pro Trader

The Importance of Using An Economic Calendar As A Pro Trader

by Robert Castillo | May 31, 2023 | Tools

To outsiders, the FX market can be a confusing and intimidating market to trade considering the huge spikes in volatility that come from seemingly nowhere. An experienced trader on the other hand knows that most of these huge moves in the market that happen on some...
What Is Capitulation In Forex Trading | Capitulate Definition

What Is Capitulation In Forex Trading | Capitulate Definition

by Robert Castillo | Sep 19, 2022 | Tools, Trading

Capitulation by its very definition means to surrender or give up. In the context of price action, this means we’re seeing a currency or equity either sell off in an extremely short period of time after a large push to the upside, or we’re seeing it jump up in price...
What Is Premium & Discount In Forex Trading | Phantom Trading

What Is Premium & Discount In Forex Trading | Phantom Trading

by Robert Castillo | Sep 19, 2022 | Tools, Trading

Premium and discount is a basic principle that can be used when purchasing something on the market ranging from consumer goods, all the way to exchange-traded securities or even Forex! The basic idea is you can purchase a product, good, service, or even stock on the...
How To Journal Your Forex Trades | Forex Mindset | Phantom Trading

How To Journal Your Forex Trades | Forex Mindset | Phantom Trading

by Robert Castillo | Jun 3, 2022 | Mindset, Productivity, Tools

Journaling trades is one of the most important things we do as traders because it gives us the opportunity to reflect upon the trades we take, and also allows us to reflect upon the emotions we experience as traders when we’re getting involved with the market, for...

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