The Top News Announcements You Should Be Aware Of
At the time of these announcements there is a high probability that the market will make a significant move. We do not trade the news, but we do trade after the news has been announced and when an entry signal appears. Consumer Price Index for the USA USA Non-Farm Payrolls USA New Home sales USA [...]
August 25th, 2008False Sense Of Security May Cost You
A trader can be in a trade that goes down but is only a little against him. He has his stop on at a comfortable level but he knows the trade is wrong but stays in because the stop has not been hit. Since he has not been stopped out he holds on thinking it [...]
August 22nd, 2008How Much Of My Account Should I Risk?
When a trader first starts to trade there are many things to learn like: 1. How to use the platform 2. Which trading style I should use 3. Which indicators should I use 4. What time frames best meet my life schedule 5. How much money should I trade with 6. How much should I [...]
August 21st, 2008How The Currency Market Stacks Up
I was reading an article in e-FOREX magazine. It was talking about a survey that was taken that highlights the activity of the foreign currency market. It said “Did you know that the market in daily Foreign Exchange volume is bigger than those of OTC Interest Rates, Us Treasuries, Us Equities and Europe, Middle East [...]
August 14th, 2008Which Is Best: Trading on Offense or Defense?
We have all been told that we should only trade with money we can afford to lose. This does not mean to be wild and care free with your trading money. So we do not want to think of our trading account as money you can afford to lose. We just have to know that [...]
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