Details Make The Difference
Here are some tips for making sure you come out ahead in your trading account so you are not wondering what happened to your money. These tools are over looked by many new traders. After looking at some of the differences between the successful traders and those that are no longer traders we find the [...]
Answer To A Traders Question #7
Question:
How much starting capital do I need to trade with (can I start with a small amount and work my way up)?
Answer:
There are several schools of thought on this. Some say you have to have at least $10,000 to start and it would be better if you have over $25,000. You should trade with a [...]
Implications for speculators
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Trading has been characterized as a zero sum game, and rightly so. If trader A sells a security to trader B and the price goes up, trader A lost money that they otherwise could have made. If it goes down, Trader A made money from trader B’s mistake. Even in a [...]
Lower Time Frames May Cause Over Trading
Traders can get caught up in thinking that shorter time frames can reduce risk. They think they can get out of bad trades sooner but they also get out of good trades sooner.
If a trader is looking at the smaller time frames like the 1- and 5- minute they will get more signals. They [...]
Nth Degree IS LIVE!
Jed here…
We just opened The Doors To Nth Degree.
Click here to get it now: NTH DEGREE
Remember you can only buy it if you already have Launch Pad. That means that if you don’t have Launch Pad you can only buy the Nth Degree along with Launch Pad as a bundle (Nth Degree won’t make sense [...]
Is Trend Trading Right For You
Trading the trend can be profitable, that is if you can identify the trend in a timely manner and then manage the risk along the way. The good thing is that trading the trend can apply to any currency pair or time frame. Here is some more good information the trend can help you systematically [...]
March 23rd, 2009And The Winner Is…
GUY WOODWARD!!!! Congratulations!
We apologize for the delay in announcing the winner. The excitement and preparation work for the launch of our new course, Nth Degree, is overwhelming. We were excited though to be able to count up the entries and award the prize to Guy.
Thank You to all who entered and thank you [...]
How Much Data Will The Platform Use?
Usually people who are using a mobile data service for their phone or laptop ask this question.
Here is an article that can help everyone understand just how much data the platform is using when it says 2957/9kb and your data allowance for the month is 5Gb.
Here is an article that will help anyone [...]
Getting the Big Picture
Try this exercise it is a good way to understand trading the trend. Go to a 5-minute chart and find a trade by only looking at the 5-miinute time frame. Now expand your outlook and look at the charts on the1 hr or 4 hr time frames, you may see something completely different. What you [...]
March 18th, 2009Fighting the market
When fighting the trend and insisting that the market is due to reverse itself is a sure sign that a trader will not be in the market very long. If a trader tries to catch short-term countermoves trying to make a few pips or always looking for the tops and bottoms hoping to catch the [...]
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