Archive for Boris Schlossberg
Forex Trading Tips: A Trade Is Not Your Spouse!
A Trade Is Not Your Spouse!
“Do you take this woman to be your lawfully wedded wife, to love and cherish? In sickness and in health? For better or for worse? Until death do you part?” How many times have all of us heard those words? We all know them by heart and can repeat them [...]
Forex Trading Tips: Football and Trading
Football and Trading
(For all our clients outside of North American my apologies in advance for using such an American football laden metaphor in this week’s piece. But this is Super Bowl week in US and I couldn’t resist. Don’t worry if have trouble understanding the references focus on the main point that [...]
Forex Trading Tips: A Trade Not A Gamble
A Trade Not A Gamble
“Why are you not taking this trade?” one of the subs asked me in our live trading session on Friday. I had just pointed out a possible setup but held back from pulling the trigger because the risk factor was too high.
“Because I am looking [...]
Forex Trading Tips: Sure Thing
Sure Thing
Does success in business require you to take outsized risk? Do you need to max out your credit cards, leverage your house and put your whole life in the hands of fate in order to achieve your dream? That’s been the mythology built around American entrepreneurship, but in this week’ [...]
Forex Trading Tips: Controlling Lady Luck
Controlling Lady Luck
Let’ s face it this past Thursday’s EUR/JPY long was the luckiest trade in the world. Not only were we wrong on the European data which printed much worse than anyone imagined but the market that night was very jittery after the news that Mitsubishi was suspending work on the Dubai [...]
Forex Trading Tips: The Trading Key to Wii
The Trading Key to Wii
One of the best aspects of having kids come stay with me over the Christmas break is that I get to play endless rounds of WII tennis with my son. My sparse living room ( which every woman in my life complains has all the comfort and charm of [...]
Forex Trading Tips:Triumph Through Failure
Triumph Through Failure
The latest scandalous news from the hedge fund world – the lawsuit against SAC Capital founder Stevie Cohen by his ex-wife Patricia is shocking not for its salacious details but rather for its accusation that Mr. Cohen traded on insider information. The news is utterly depressing because if true, it only [...]
Forex Trading Videos: Triple B Breakout for AAA Results
Forex Trading Tips:Perception is Everything
Perception is Everything
“When the fist of fundamentals meets the face of technicals, the patient usually falls down,” I announced in my typically hyperbolic fashion as were trading live in our chat room on Friday. The US Retail Sales numbers had printed much hotter than forecast and the market moved sharply higher taking [...]
Forex Trading Tips: No Better Than Guessing
No Better Than Guessing
In the latest book I am reading (The Flaw of Averages: Why We Underestimate Risk in the Face of Uncertainty by Sam Savage) the author briefly takes the reader on a trip back in time to World War Ii and the work done at Princeton University by a group of [...]
