HOW IT WORKS: RSI (Relative Strength Index) Indicator WHAT IS IT? The RSI is a popular momentum indicator used in technical analysis. It was originally developed by a mechanical engineer turned technical analyst J. Welles Wilder Jr. It was first published in a...
5 Signs You’re Doing GREAT As A Trader First… I honestly don’t care how much money you have in your portfolio. R1,000, R10,000 or R10,000,000? It’s irrelevant. Money should not tell you how well or bad you’re doing as a trader. Percentages should reveal that all. ...
How To Handle And Minimise Your Losses in A Drawdown In this article, we’ll cover different ways to handle yourself during a drawdown to minimise your losses. Minimise Drawdown Part #1: Lower your risk per trade There are times when the market will be in a bad market...
How Much to Recover After a Trading Drawdown A Drawdown is a drop in a portfolio value after one or more trades. It’s when the portfolio dips from the highest high. Once you’ve entered into the inevitable drawdown phase, you’ll need to know how much you’ll need...
The 6 Thinking Hats If you don’t know the 6 Thinking Hats by now, I have to ask. How do you solve problems, deal with arguments or make decisions? I do forgive you though, as these strategies are not ones we learn in school. In fact, when I first read about this...