Lance Beggs - Articles

Would you like to learn more about how I trade the forex and equity index markets? Check out the articles, videos and trading resources on my website right now at www.YourTradingCoach.com

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Why Price Moves - An Introduction
You'll find in many trading books, websites or courses a statement to the effect that 'price rises because there are more buyers than sellers', or 'price falls because there are more sellers than buyers'. While I understand what the author is trying to say, it's not quite correct. There are not more... Read
By: Lance Beggs | 17/07/2008 | Finance
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286

Trading Timeframe Selection
Well, I've had a frustrating week. No opportunity to trade until Friday, and no opportunity to work on my website and newsletter service. NOT HAPPY!!!   But then, that happens to us all from time to time. Life has a habit of failing to consult with us, prior to messing with our... Read
By: Lance Beggs | 06/07/2008 | Finance
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265

Stop Losses - My Biggest Downfall
One of the common email questions I get through my website relates to difficulties in sticking with stop losses. Some traders don't place one in the market at all, promising that they'll get out when price hits a certain level. Of course, when price gets to that level there's no shortage... Read
By: Lance Beggs | 29/06/2008 | Finance
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Trading Problems - Maintaining Focus
I once heard a statement by Rebecca Fine of www.scienceofgettingrich.net that says something along the lines of "If what you're thinking about isn't something that you want to have happen in the next three minutes... get rid of the thought and think something else." While that's a great way to live... Read
By: Lance Beggs | 25/06/2008 | Finance
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Dealing With Market Uncertainty
The nature of the markets is uncertainty. Human beings do not like uncertainty. In fact we fear it at the very depths of our soul. Much of our society has evolved in an effort to reduce the uncertainty we face in day to day life, through controlling the environment, and... Read
By: Lance Beggs | 03/06/2008 | Finance
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The Hidden Secret Of Technical Analysis
Did you know that there is a whole 'other world' of technical analysis that most novice traders are either totally ignorant of, or fear to go due to the fact that it might actually require some work? Well, there is! And I'd suggest that if most novices fear to go there,... Read
By: Lance Beggs | 25/05/2008 | Finance
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Price Analysis - A Top-Down Approach
In a previous article I mentioned that my analysis involves monitoring price action, in order to gain an insight into the short term sentiment of the market. Determining who is in control at that time - the bulls or the bears. And assessing how they're likely to respond to changes... Read
By: Lance Beggs | 20/05/2008 | Finance
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Trading Psychology - Doubt
I want to talk about a common theme that's in many of the email questions I get through my website. Many people have bought a trading system, or a couple of books, or attended a seminar, and just not achieved the success they thought they'd get. These people are now trapped... Read
By: Lance Beggs | 20/05/2008 | Finance
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My Favorite Trading Strategy
What I'd like to do in this very short article is give you an overview, looking at the strategic level, of how I trade my favorite setup, which will be the one referred to in most of the analysis on my website. We're talking, 'the big picture'. Too many people make... Read
By: Lance Beggs | 20/05/2008 | Finance