There’s another side to look at. It’s not all about buying. It’s not all about knowing where the entry is and when you should get in. Trading well doesn’t just come down to some timing indicators that tell you when to get long. To make money in this game, you’ve got to sell, and you’ve got to do it at the right time. When it comes to selling, knowing your exit ahead of time … [Read more...]
Trading Strategies – What’s Right ?
It’s the age-old question that so many traders ask themselves and each other: which stock trading strategy should I follow? Does day trading offer better rewards than swing trading? Should I scalp or hold positions? How can I best limit my risk, yet still generate the returns I want? People usually wonder whether it should be day trading or swing trading. Ways to do both … [Read more...]
Secret To Successful Forex Trading
Forex trading is a serious business and you can lose, and many have, lots of money if you are not properly educated. Most people DO NOT survive in the Forex trading business, or in any trading for that matter. Prospective traders are not willing to apply the patience, time, discipline, and resources to obtain adequate knowledge and practice for trading. The "greed factor" tends … [Read more...]
The Right Forex Broker
One of the greatest gifts of the internet is the propagation of currency trading in today’s market. Before the dawn of the internet, Forex was limited to banks, financial institutions and large importers and exporters. The web has put the power into the hands of the people. In fact, you can see a meteoric rise in available Forex brokers. You can find them popping out of … [Read more...]
Trading: Art or Science?
There are many traders with all different approaches. Some are rules-based traders who want to see conditions A, B, and C in place before they act with orders 1, 2, and 3. Other traders seem to have no written trading rules, but they do very well consistently with their instincts. If a trader’s day traded for over a decade, spending countless hours watching tickers and order … [Read more...]