Tradeguider Blog

The majority of businesses start each year with a long hard look at what they want to achieve in the next 12 months. Trading, be it full time or part time, should be no different.

In this blog we’re focusing on helping traders and investors do just that. We’ve put together a downloadable worksheet for you to complete so you can assess the factors that feed into your trading success and a successful trading mindset, focus your mind and hold yourself accountable. 

It’s been a full-on year out there in the world in some ways but here at Tradeguider HQ we’ve been in building mode. Read on for our take on what`s been happening this year.  

When you’re working on your own, as so many traders are, it’s easy to end up slipping bit by bit from best practice. But that way lies sliding margins and unhealthy mindset habits. 

In this blog, Gavin Holmes, Tradeguider CEO, talks us through some of the key guidelines we share in the strategy documents we include with our software packages. They will help you stay on track with your trading and keep taking profits.

Are your trading habits weather-proofed to withstand the stormiest of times? Even if you aren’t being affected financially by what’s happening economically in many parts of the world at the moment, read on to make sure you’ve stormed-proofed your trade management and trading mindset. 

Here are 4 ways to make the most of the opportunities and avoid the pitfalls.

Currency Spotlight: British Pound /US Dollar

Forex Ticker: GBP/USD

About: This currency pair, often called the ‘Cable’, is one of the most widely traded currency pairs worldwide.

We talked to Dr Aram Kiani, trader and host of the Trade to Win Live Trading Room about his strategy with this instrument.

Is your trading more like a gambling habit or do you want to make money consistently?

If it is the former then don’t bother about your accounting. If it is the latter then you need to be business-like about your trading. Whatever business we are in we need to keep our accounts, monitor our expenses and think about tax.  This is as much a successful trading strategy as anything else.  

Here are 4 essential things to think about when it comes to analyzing your business situation.

Stock Spotlight: Alphabet  

Symbol: GOOG

About: Mountain View, California-based multinational holding company that includes search engine company Google as well as a diverse range of companies that research biotech, provide fiber to the premises etc.

In the legendary sports psychology book The Inner Game of Tennis Timothy Gallwey talks about how he observed his tennis students had two selves: one that is critical, judging, coaching and the other that just did the tennis playing.

He found that people played better tennis when the first is paused and the second is allowed to flourish. This could also be described as overthinking versus being in the zone.

Trading is all about listening to the market and Tradeguider is all about listening to you, our customers.

This is why we’ve designed the Mastermind training event we’re holding this June to reflect the feedback we got in surveys from customers as to what topics you want us to cover.

How to decide on entry and exit points for your trade? We talk to three traders who are associates of Tradeguider about the skill of knowing when to make your move.