Creating a trading plan and then trading it might see to be a simple enough thing. However, if you want to make a real go of trading it’s often a much more involved task. Simply turning up and trading a strategy may work sometimes, but in order to achieve a... Read more… read more
Basic Trading Strategies
Basic trading strategies focus primarily on technical indicator based trading. Typically basic trading strategies utilize one more more technical indicators in an effort to put the odds in our favor that a trading will head in a determined direction in the near term.
Humans are programmed to like certainty. We’ve all had times where something that “should” have happened doesn’t and we all know that feeling of annoyance that creeps up. If what happens is something we really didn’t want, well, annoyance blows into anger for some. Why do we get annoyed? Because... Read more… read more
So you’ve been trading for a while now, had some success and it seems like forever ago that you cracked open your first chart. You’ve learned about the markets; what works and what doesn’t and can carry on an intelligent conversation on most trading matters. You talk a pretty good... Read more… read more
We here it all the time as traders: Emotions will kill your chances of trading success. Anybody whose been in a trade and allowed emotions to dictate their course of action understand this to be true. Maybe it’s moving the stop further from oncoming price because you can’t emotionally handle... Read more… read more
Are you spinning your wheels trying to becoming a profitable trader? Are you unsure you are trading the right markets? If you are, please understand that you are not alone. Many people enter the trading world and most don’t understand that it’s a business that requires proper education. Let’s take... Read more… read more