Successful trading in financial markets requires more than luck or intuition; it requires a well-defined trading strategy. A trading strategy serves as a roadmap, guiding traders through the complex landscape of buying and selling assets. In this blog post, we will provide a comprehensive guide on how to develop a trading strategy that aligns with your trading goals and maximizes your chances of success. Define Your Trading Goals: Define Your Trading Goals Before diving into the development of a trading strategy, it is crucial to clearly define your trading goals. Are you looking for short-te ..read more

  Moving Averages (MA) are one of the most widely used technical analysis indicators by traders. It is a simple indicator that can help identify trends, support and resistance levels, and potential trading opportunities. In this blog, we will discuss how to trade with Moving Averages. What are Moving Averages? There are two main types of Moving Averages: Simple Moving Average (SMA) and Exponential Moving Average (EMA). Simple Moving Average (SMA) The SMA calculates the average price over a specific period by adding up the closing prices of the asset and dividing it by the number of perio ..read more

Interest rates are set by monetary policy committees at central banks and are used to control inflation and stabilize prices and the economy. When interest rates are high, it typically leads to a stronger currency as foreign investors will be attracted to invest in that country to take advantage of the higher interest rates earned on depositing money. This increased demand for the currency will drive up its price and exchange rate. On the other hand, when interest rates are low, it typically leads to a weaker currency as foreign investors will be less interested in investing in that country as ..read more

  Before we talk about the importance of having stop losses and take profits and what hard stops and soft limits are for those unaware, firstly I will define exactly what a stop loss is and take profit is. What is a stop loss?   A stop loss is when a trader will place an order to automatically sell their position (assuming they are long an asset) or automatically buy back a position (assuming they are short an asset). The stop loss can be set at a monetary value to the trader’s position and or can be set at a market price, but the order will always be received as a market price not ..read more

  Ken here! As you know one of the blokes, and I want to walk you through the specific steps that I follow every single morning to get me prepared for the day ahead.  STEP ONE: Get briefed on the latest news First of all, I need to know the latest financial market-relevant news.  My first step is to go through all of the major business news websites, work out what the main headlines and themes of the moment are, and then delve deeper into each to pick out the most important pieces of information.  I also go through the economic calendar; were there any important overnight ..read more

The importance of patience in trading Hello and welcome to the first Two Blokes Trading blog! This week I am going to discuss patience and why it is so important especially as a retail trader as most retail traders do not have patience.  Most people who enter the world of trading from the outside think trading is a crazy superfast-paced environment, they could not be farther from the truth. Traders need to be patient, firstly to let opportunities in the market present themselves and even once the opportunity is there, most guys will go straight in full exposure on a trade. This is the wro ..read more

The semiconductor manufacturers put in a strong performance in 2021, and that’s expected to continue in 2022 as strong demand & supply constraints give the group pricing power & the ability to sell all the chips they can manufacture. Even better, it’s expected that manufacturing capacity will increase by 9% throughout the year, and by the second half of 2022 many of the top semiconductor makers will have even more chips to sell. The top pick for many analysts is Nvidia, as the company will find tailwinds from a number of its business segments.  These include cloud computing, da ..read more

Shares of JPMorgan suffered their worst daily loss since 2020 yesterday after beating earnings estimates, but also guiding lower on future returns and profits. Money equals business which equals power, all of which come from character and trust.  Shares fell 6.2% as the Wall Street investment bank delivered its smallest earnings beat in two years. In addition, the company CFO reported that fourth quarter labor costs jumped, and that it was just the beginning. That led to lower guidance for earnings in the coming year. Expenses rose 11% in the fourth quarter and JPMorgan expects to se ..read more

Numerous news outlets seems to be creating a smear campaign against the retail trader/investor! Big Wall St players have been controlling the markets for years with retail traders at the mercy of ‘BIG MONEY’ volatility .Now for the first time the retail traders have come together to create the volume to move the markets, something a retail trader could only dream about! The emphasis coming from these news outlets is that a retail trader is not qualified to make an investment decision & regulation should be put in place to stop this.You don’t need a diploma hanging on the wall to be quali ..read more

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