Category Archives: FinanceMagnates

Trader’s Perspective: Never Trust a Central Bank

By | January 15, 2015

Despite evidence last week from Swiss National Bank member Danthine saying the EUR/CHF floor at 1.20 will be maintained, the Swiss National Bank (SNB) released a market-wide cataclysm by abolishing the minimum exchange rate and EUR/CHF floor. Today’s shocking announcement of Swiss National to discontinue its minimum exchange rate of 1.20 Swiss francs to the… Read More »

Breaking the Losing Streak

By | January 13, 2015

Breaking the Losing Streak – This is the elephant in the trading room. It is rarely mentioned, almost everyone thinks or hopes it won’t happen to them, but all traders will have to face it at some point. Even high winning rate systems (70% win rate) will hit ten (or more) consecutive losses sooner or… Read More »