A lot of stock traders will tell you that a stock trading strategy is very often said to be the same as a stock trading system that is designed to be used and traded in the stock market. But a stock trading strategy does involve a complete system that includes not only entry and exit rules, but stock selection, risk control and money management. For the technical stock trader, the technical approach to a stock trading strategy is based mainly on price action. The “bottom-u…
One Good Way To Avoid Bad Days In Online Forex Currency Trading
In online Forex currency trading, even just one bad day can make the difference between a profitable month and a losing month.
How You Can Make Ten Times Your Salary- With Day Trading
Day trading no, its not something that Bill Murray wished he had in Groundhog Day. Its a style of trading on the foreign currency exchange market in which a trader completes all his trades within a single day. In other words, he may make a few dozen or more trades in a day with the objective of buying and selling quickly and making a profit from the fluctuations in a currency exchange rate over the course of the day.
How To Pick A Good Forex Broker
If you are doing forex trading, then you know the importance of a good forex broker. This is especially true if you are just starting out and do not have a lot of experience. A good forex trader will work with you and provide the information and tips you need to make the best trading.
How To Become A Day Trader
Like all businesses, day trading can be extremely lucrative. I suppose that is the reason why so many people want to become day traders. However, the risks are equally great and it is important to know what it takes to become a day trader.
Gold – Why Isn’t It Soaring?
I get more emails, letters and phone calls about gold than anything else. An almost religious fervor seems to go along with being a gold bug. My bearish view on gold usually comes as a shock to worshipers. Yet year after year the precious yellow metal refuses to reach for the stars like it is supposed to. Why is this?
Everyone Has A Plan, Until They Get Punched In The Mouth.
I heard Mike Tyson say this years ago, and it immediately stuck with me because of so many ties it has to trading your trading plan with focus, discipline, and repetition.
Developing A Trading Plan – Pt 2
3. Risk Management
Developing A Trading Plan – Pt 3
Losing trades are inevitable to any trading plan and it’s the ability to manage these losing periods and the your primary role of preserving capital that will enable long-term survival and capital appreciation.
Developing A Trading Plan – Pt 4
Testing a trading Plan
An Introduction To Day Trading
Many people often get confused by the financial terms such as currency, forex exchange, trading etc. Its a big complex financial world and one of the new trading concepts is day trading.
The advantages of day trading
Historically, stock trading has been the domain of professional traders. Trading has been in essence a “private club” with restricted access. Day trading has changed that. For the first time, amateur traders have the tools (real time quotes and order execution) to compete with the professionals.