It was great to see everyone at this month’s Traders Surgery and to welcome new members. The surgery was kicked off with a discussion on Sins and Wins from the previous month, looking at how we can all improve our win/loss ratios.
The Traders Club members had identified questions for discussion. A few of the topics covered included; How to pick the best FX pairs to trade and which of the pairs you trade against. How to place correct stops and which indicators would help when using trailing stops. What time frames should you use with Ichimoku as a technical analysis tool. The importance of choosing the correct broker and spread when placing a trade.
Trading opportunities we discussed for the coming months included the Santa Rally, which is a great seasonal trade and the high probability of a US Interest Rate increase on Wednesday 14th December and the different trading opportunities this provides.
#TradingThought is Stephen’s new book, available to purchase on Amazon from Friday 9th December. Inspired by the popularity of our daily motivational Tweets, the book contains 1000+ quotes relating to different aspects of trading – designed to give you the right mindset to be a winner on the financial markets.
The next Traders Surgery is on Thursday 19th January 2017. It is a 2hr FREE coaching session exclusively for members of our Traders Club. If you would like to join the Traders Club you can register here.