Bull Markets | Bear Markets – Which Should I Trade?
The term “Bull Market” is used to describe when a market is going up. Therefore, the term “Bear Market” is used to describe when the market is going down. Therefore, you’d be better off not to sell in a bull market and not to buy in a bear market.
Nevertheless, there are some traders that say [...]
Buying Dips In Uptrends, Selling Bounces In Downtrends
One of the most profitable and least risky trades is to buy the dips in an up trend and sell the bounces in a downtrend.
You may say how do I know when there are dips and bounces? You need to study and find indicators that give you these signals. By putting in the time to [...]
Don’t Try to Guess the Market, Use Indicators
I have seen many people make a lot of money when the market is trending. Then, when the market is consolidating or doing a retracement, they give it all back.
You need to find some indicators that tell you when to get in to a trade and when to get out. Once you have [...]
Up-Trending, Range Bound, & Down Trending
A good way to find an up trend or a downtrend is to look on the 4-hour chart (or at least a larger time frame). Once you have found a trend then trade it.
If a larger time frame is going sideways sometimes you can find some good trends on a smaller time frame. [...]
Be a Trend Trader, Don’t Pick Tops & Bottoms
Merry Christmas! I hope everyone gets to spend this special day with friends and family that they love. My Christmas present for you is an important tip that will help you increase your profit and help you afford more Christmas presents for next year: I see many people trying to pick tops and bottoms in [...]
December 24th, 2007Ride the Wave like a Surfer
Riding the wave is much more rewarding than being hit by it.
You need to look at a trend like a wave. Then you need to learn to read the waves just like the surfers do. They can tell when to catch the right wave and when to wait for the next one. Surfers don’t take [...]
Don’t Think You’re Bigger (Or Better) Than The Market
A good rule to follow is to always use good money management. The market doesn’t care if you win or lose your money. It is always moving and there is always something happening.
Some people get into a trade and let it run against them thinking it will come back. When it doesn’t come back [...]
Why You Need a Trading Plan
You can learn a lot about the Forex currency market. You can have a great system for trading but without a good trading plan and the discipline to stick to it, you will NEVER be profitable.
Your trading plan will continually move you in the correct direction to make money trading the currency market. [...]
Forex Trading Requires Training
Whether we are trying to master a new skill or embarking on a new career, quality training is needed to become an expert in our field. The same goes for mastering the forex market. If we want to learn how to trade like a pro, we will need some good, quality forex training. The following [...]
December 20th, 2007Learn Forex Trading
The Forex market is very learnable by the average person but it does take a lot of study. You need to learn:
A Trading Platform
The Cycles of the Market
When the News Comes Out
The Best Times to Trade
How to Manage a Trade
When to Close a Trade
When to Take a Break from Trading
When to Load Up on [...]
Social Links
