We  are on the move again!
Been spending more time in Queenstown recently as it seem that there is always something going on pretty much every week. This past week was Jazz Fest, we only got to go one  of the days but it really was great with, lots of people just sitting out on the [...]

What are you doing if you don’t have a PLANNED entry and EXIT before you trade?
You are “winging” it and you are HIGHLY likely to remain an “also ran” trader. Lets look at some of the advantages of having a planned entry and exit strategy.
Last night (well night for me here in New Zealand)  I [...]

First I have to say sorry for the delay, life has been hectic, (but in a pleasant way) I will update you for the last two weeks on this post to bring you up to date.
Last weekend we headed south down to Invercargill. On the way we stopped in a place called Kingston. It [...]

Its a repetitive circle. But there is double edged sword here, as consistency for some traders means that they have to consistently trade, that is they MUST be doing something, they MUST be trading.
I say be consistent in your WAITING, wait for that perfect test. Put up three markets if you want (just in the [...]

Hi
We are back on the old timing issue again. This is SO important, get this right and UNDERSTAND WHY you are right and you will develop a power all of your own.
Patience is an issue here, but what is back of patience? Well in many cases its “fear of loss” you feel “THIS IS IT!” [...]

Hi
Is there such a thing as a perfect trade? Yes there is “after” the event. Not that you cant trade them at the time BUT there is always the risk of failure.
In PAT there is a sequence of “events” that will ALWAYS produce an outcome that we want to pay attention to. This is NOT [...]

Hi
I have received a few more questions on timing, it seems that more than 90% of PAT users can get the direction from PAT fairly easily. They then have some issues with timing.
Sticking with the PAT theme of “let the market show you the way” lets look at what the market is showing us in [...]

This morning I got up and heard on the radio that 13cm of snow had fallen overnight on the ski areas, it means they can stay open longer which is great news for them.
Just as I was looking out of the kitchen window I saw the real cause of the white, it was not snow [...]

Recently a new user came to PAT, one of our American cousins (Bill Bolton) from across the pond. He has been trading forex for about 4 years and freely admits to being a “$97.00 secret” purchaser on more than one occasion. He has also spent $1,000’s more on software and courses.
Well to cut a long [...]

Hi
Most of the mails I receive about losses have a common thread. This thread is that you nail the trend, get the move and then get stopped out, to then see the move go your way for 100’s of pips.
The reason for this is often nothing more than panic.
There is nothing worse that making all [...]