Written by admin on February 1st, 2011
There Are Two Types Of Stock, Futures, and Forex Traders
Some traders will go through system after system, teacher after teacher, wasting thousands of dollars not only in useless systems but in lost trades before they realize they’ve been approaching the markets from the wrong standpoint because they’ve been trying to trade the wrong type of system.
Continue Reading...Written by admin on October 25th, 2010
Keltner Channel
A volatility based technical analysis ‘envelope’ indicator that measures the movement of stocks in relation to an upper and lower moving-average band. Used to predict the trend of the market. Some examples of it’s use are: An overbought signal occurs when prices move above the upper band, and an oversold signal occurs when prices move [...]
Continue Reading...Written by admin on October 13th, 2010
High Low Breakout Technique
This technique can be used for any market that has a decent daily range. If you look at any chart, what do you see? You should see a succession of bars that are doing one of three things. 1. Going up 2. Going down 3. Going sideways Unless today’s bar turns out to be an [...]
Continue Reading...Written by admin on August 28th, 2009
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 implementing a structure of laws, [...]
Continue Reading...Written by admin on June 29th, 2009
Education in Forex
Finding the best resources in order to learn forex trading is not as simple and straightforward as many of us would think, but it is still possible to get a good education if you know how to filter the information you’re bombarded with every day. Even if the teacher may not be perfect himself (and [...]
Continue Reading...Written by admin on April 15th, 2009
Financial Trading – so many markets, so little time
Would you like to make money from trading but don’t know how to trade?Have you heard of others making a killing on the markets and wished yourself in their position? Trading covers a multitude of markets. Mention “trading” to a non-trader and they’ll probably think of stock and shares but there are many other markets [...]
Continue Reading...Written by admin on April 1st, 2009
Using Technical Indicators: Bollinger Bands & MACD
A good understanding of the basic tenets of technical analysis can vastly improve one’s trading skills. When using technical analysis, price is the primary tool. Simply put, “everything is already in the rate.” However, technical analysis involves a bit more than simply staring at price charts hoping to find a “yellow brick road” to a [...]
Continue Reading...Written by admin on March 13th, 2009
Why Traders Knowingly Make Bad Decisions
“To Err is Human”, but in trading it often happens that traders will knowingly make decisions that create losing trades. Now we’re not talking about losses that come about because of testing out a trading plan or a specific indicator. Nor are we looking at simple errors committed purely by accident. If our goal is [...]
Continue Reading...Written by admin on March 4th, 2009
Richard Rhodes’ Trading Rules
I must admit, I am not smart enough to have devised these ridiculously simple trading rules. A great trader gave them to me some 15 years ago. However, I will tell you, they work. If you follow these rules, breaking them as infrequently as possible, you will make money year in and year out, some [...]
Continue Reading...Written by admin on February 23rd, 2009
Pivot Point Trading
You are going to love this lesson. Using pivot points as a trading strategy has been around for a long time and was originally used by floor traders. This was a nice simple way for floor traders to have some idea of where the market was heading during the course of the day with only [...]
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