Price Action Trading-Strong Versus Weak Forex trading Price-Action trading strong or weak in many respects the same as the negotiation of other instruments. However, there is a crucial in Forex trading that is completely different from trading on other markets. When exchanging any other instrument you are trading a single instrument based on their individual strength or weakness.However, in the currency you are trading two instruments or...more
Options Trading the Odds If you are exhausted from reading charts and if you find analyzing financial statements a complete bore, then maybe there is another game for you – trading the odds. This is a simple and clear-cut strategy for staying on the side of the "smart money".In the options world trading the odds was once considered a professional's game; however, with the dawn of computers and real-time data transmission, more and more...more
The Rat Race of Trading The Rat Race of TradingThere are plenty of books and materials in the market that teach people how to escape the rat race. Basically, a rat race means a consistent reliance on a salary via employment to cater to a person's debts and liabilities. In order to escape a rat race, we need to build assets that help to provide sources of income and reduce our liabilities. This framework of rat race is very much applicable to trading as well. In fact, most traders got trapped into it without even knowing. The Rat Race of Trading - Starting of a RaceOne of the very first investment tools that most of us got associated with is stocks. It is easy to understand and entry barrier is relatively low. For someone totally new to it, somehow at certain stage of our life, we bound to come across it. Whether it's an introduction from friends (who are excited about sharing their latest tips) or from the news and papers which rave about the euphoria of the current stock market. This is where it all started. Every Tom Dick and Harry were making money, and we wanted to be one of them. We got ourselves a broker, and entered the market. We made some money and re-invested MORE...more
Lets assume you have never traded. You have never directly bought a stock, an option, a CFD, a futures contract, traded a commodity or speculated in the 24 hour a day forex markets, but you have decided you want to become a trader or an investor.Now what? You decide to ask a few friends, maybe search the internet, flick through some magazines, ask...more
Various Aspects of Foreign Exchange Trading Initially, people have to understand the simple aspects of trading and their variations. These aspects are vital for successful foreign exchange trading activity, but they are easy to learn. Forex exchange trading is all about buying and selling foreign currencies. As a trader, you surely want to...more
Trading Using Elliott Wave The theory of Elliott wave was initially proposed by Ralph Nelson Elliott during the 1930s. He was an accountant who came to be inspired by the book "Nature's Laws: The Secret of the Universe". He came up with the Elliott concept in 1946 and it was then be deemed as a pseudo-science notion. However people believed it is an effective way to deal with the uncertainties and consistently fluctuating market, although several academics disregard it. Nevertheless, Paul Tudor Jones, Robert Prechter and few other famous figures acknowledges that it could bring success. If you intend to trade using the Elliot theory, you have to first understand the Elliott wave trading system. The price pattern has been categorized into several different types by the wave theorists. The trade opportunities are also considered on the trend basis that come under low levels. Albeit the Elliott theory being constructed for a interval of years or possibly up to decades, the fraction of the price action can still be applied even within a meager timeframe, at any time. The theory of Elliot wave classifies the price action into five primary phases. The first phase sees the trend...more
Generally CFD companies in Australia offer CFDs over the shares making up the ASX top 300, the rationale behind this is straightforward, stocks with a bigger market capitalisation tend to be far more liquid. Many CFD brokers forget that we live in...more
Over $7,000 in trading courses for only giving a tiny donation to charity Christmas is a great day for traditions. Some families make a giant turkey, some roast chestnuts, while others tear open presents with Grandma at the crack of dawn.This...more
The Relativity Trading System IntroductionI'd like to thank you for your interest in the Relativity Trading System. After reviewing the following article, I am sure you will agree that we have created something unique.Let me start out by...more
Fap Turbo Settings Guide – Suggestions for Fine-tuning Your Fap Turbo Trading Robot Fap Turbo Settings Manual – Ideas for Tuning Your Fapturbo Trading RobotNumerous Fapturbo users frequently wonder why there should be a separate Fap turbo...more
Fap Turbo Settings Manual – Key points for Tuning Your Fap Turbo Trading Robot Many Fapturbo users frequently wonder why there should be a separate Fap turbo settings guide - if the robot is as powerful as the creators claims it is, there...more
Day Trading Rules 2008-Day Trading Rules The Penny Stock Prophet——another hand for you to make wealth. Do you have this time when you come across a chance, you fell deeply troubled, because you have no idea that the chance means an...more