Trading & Technical Analysis

Renowned Turtle Trader grossed $US384,000 in his first year

The Turtle Traders’ legend began with a bet between American multi-millionaire commodities trader, Richard Dennis and his business partner, William Eckhardt. Dennis believed that traders could be taught to be great; Eckhardt disagreed asserting that genetics were the determining factor and that skilled traders were born with an innate sense of timing and a gift…

Trader profile – up 300%, but down $70,000 in a night

At face value, foreign exchange (forex) and share trading have lots in common. Whether it’s shares or currency, the aim is to buy when it weakens in the hope of selling when it goes up in value. But as trader Steve Matthews discovered that’s where the similarities end.  What Matthews learnt about forex trading was…