New Triangle BREAKOUT Coming Soon on Bitcoin!!!! Bitcoin Price Prediction 2022 // Bitcoin News Today




Where is the Market Going?

If you ask me whether the market will have moved up or down by this time next year, well I may as well flip a coin, because I don’t know.

A Beginner’s Guide to FOREX

FOREX is an investment that can be very profitable. This article gives the basics of FOREX and some useful strategies when trading.

What I Learnt Losing £60,000 My First Year as a Full-time Trader

During my first year as a local (independent trader) on the floor of LIFFE, I bought and sold 8804 FTSE futures contracts, about 40 contracts per day on average. The result was a loss of £61,620 or -£267 per trading day. I was profitable on 55% of days with an average gain of £1009, my average loosing day was -£1780. My biggest one day gain was £7730 and my biggest loss -£12,426.

Stopping Yourself

I read on a bulletin board a traders comment that on his first outing trading the E-Mini S&P 500 he lost on each of his trades. He noted though, that had he had a wider stop each of his trades would have been profitable and that therefore he would be trading with a wider stop in future.

The Yin and the Yang of Markets

“Many people may say, “What is a weak or a strong technical position?” My reply is, in brief, that a stock is in a weak technical position on the bull side when it has been purchased and is held by a large number of outside speculators; when most of these are looking for a profit; when the price of the stock has advanced to a point where no further buying can be stimulated for the time being…”

A Fool’s Game

Question: “There are a lot of people who say that day trading is for “fools” and that it is very difficult to make a living from Day Trading. What are your opinions?”

What is Forex Trading?

Forex, or Foreign Exchange, is the simultaneous exchange of one country’s currency for that of another.

Ways to Acquire Discipline in Trading

Personally, I believe discipline can be learned, although at times it is very painful. When I began trading, I was a very undisciplined person. But trading and the markets forced me to become disciplined. Was the discipline already there and just needed to be extracted? Or did I actually learn it?

Creativity in Trading

There are a few common characteristics that all creative persons possess (such as an openness to a variety of internal and external experiences and a driving need to express one’s sense of individualism), but for the most part, exactly how the creative mind makes earthshaking discoveries is unknown.

Don’t Deny Reality

If you want to be a successful trader, you must make sure you do not deny reality in any phase of your trading. You cannot deny losses, price direction, mistakes you make, being undercapitalized, or a whole host of things you would rather not think about.

Two Timeless Rules in FOREX Investing

Has a beginner trader you should realise that life is not perfect, not even in FOREX land; and you should always know one fact: YOU WILL HAVE LOSING TRADES.

Experience

Throughout our course on futures trading, we have tried to point out to you that there is a great difference between having an investor attitude and being a trader. There are also many similarities. In one sense, a trader is someone who invests in his own trading ability…

You May Also Like