Buy Into Motion = Chasing A Trade
When a trader sees the market take off, then decides to place a trade, just because the market
moved a little bit in one direction or another he/she is chasing a trade thus buying into motion.
Never buy into motion. The reason is you see the motion, get excited, enter a position, and then
try to decide what [...]
Market Structure
Click Here for Previous Post …
This article is a continuation from a previous post from Darkstar at Forex Factory
Market Structure:
Now that we have established why the market exists, let’s take a look at how the transactions are facilitated:
The top tier of the Forex market is transacted on what is collectively known as [...]
Chasing the Market (3 of 26)
This entry is part 3 of 26 in the series The Disciplined Forex TraderWait for the market to come to you 100% of the time to prove that you are disciplined. If you chase the market then you are not disciplined. If a trader says he waits for trades but anticipate the signals and [...]
November 3rd, 2008A Financial World in Panic
In this article you will find more great information and advice on trading. This article helps a lot when dealing with success and failure in markets that are challenging. Trading is planning in advance how things can be if you plan and how things can be [...]
September 30th, 2008Market Gaps
We are writing this because of the large gaps in the market at the open on Sunday September 7, 2008. The market does gap but usually it will happen on the opening of the market on Sunday. Occasionally a gap can be seen around a new announcement. It is not as large as the gap [...]
September 19th, 2008Where Are You Trading: In The Past, In The Present, In The Future?
Take a look at your trading if you are not doing well, you will most likely find that you are not trading in the present. You may be over thinking the market. Your thoughts may be on past successes or past failures which take you away from trading in the present. You could be thinking [...]
August 7th, 2008Reasons To Enter And Reasons To Exit Trades
We all have reason why we enter and exit trades. But what if the market has changed and the reasons are no longer valid as to why we entered a trade. The best line of thinking we have found is: once the reasons have changed as to why you got into a trade it is [...]
Social Links
