Authors Posts by Steve Connell

Steve Connell

69 POSTS 141 Comments
Steve Connell has spent over 17 years working in the finance sector as a trader/market maker and strategist. Over that time he’s worked for several global banks and hedge funds. Steve has a unique insight into a range of financial markets from foreign exchange, commodities to options and futures.

6

An Anti Martingale system does what many traders think is more logical. “Martingale in reverse” hangs on to winning trades, and drops losers. If that sounds better, read on.

Learning Martingale trading system

32

Martingale: What is it and how does it work? In this post, I talk about the strategy, it’s strengths, risks and how it’s best used in the real world.

0

Over trading is a common trap that new traders fall in to. If you’re an over active trader it can have dire consequences for your wealth.

Currency rate manipulation: Bloomberg

1

Barclays is the latest bank to suspend traders in an alleged “massive” foreign exchange rate rigging scandal that involves manipulation of the daily closing fixes.

5

A dual grid is a play on the grid trading theme which I’ve talked about before on forexop. Here we place our buy/sell legs at the same price levels.

28

What is grid trading? The basic idea is very straightforward. Instead of placing one trade, we place multiple trades forming a grid pattern.

27

Why do so many followers fail? I was reading some of the threads on the Zulutrade forum the other day and I came across...

0

Fibonacci series and the Golden Ratio are two phrases you’ve most likely heard about before. How are they used in trading, and how can you profit from them?

Forex trading: risk reward and money management

4

A poor understanding of risk and money management means novice traders frequently experience severe losses and sometimes a complete loss of their capital.