September 1st, 2008

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 29th, 2008

Personality And Trading Style

Much of a trader’s success has to do with his personality matching up with the trading style he chose.  No matter what the approach is you must plan your trades and trade your plans.  If not, your strategy is no better than random, and that is hardly a stable platform for long-term success. If a [...]

August 22nd, 2008

How 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 15th, 2008

Types of Exits

When exiting a trade, you can do so under four different assumptions.  In the best of worlds, exit technique number one is the profit target.    Exit technique number two is the trailing stop, which comes into play when the market is starting to move against you after you have accumulated an open profit.  Number three [...]

August 13th, 2008

What Is A Good Exit Worth?

One bad thing trader’s fall into the habit of doing is to try and get every last tick out of a trade.  We have all experienced a trade that started off great then turned out to be a looser.  Then there is the trade that starts out with a small loss and turns out to [...]

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