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Becoming an Expert Forex Trader by Knowing How to Use an Economic Calendar
The Forex trading industry is a highly competitive one. There are people who have been working in the field for years and still have not figured out a way to consistently predict the direction of currencies. If you are new to forex, you will want to know about an economic calendar and how to make the best use of them to make money.Binary Option Trading
Binary Option trading is not as easy as it looks. Learn the professional way to trade binary options.
This article provides a formula for getting rich quickly. It provide useful guidelines for those who realize that making money is a means of life, not an end itself.Is There One E-Mini Trading Set-Up That I Trade Without Fail?
I chart all of my trades on an Excel spreadsheet, which gives me an approximate success rate on all the e-mini trading set-ups I initiate. Of course, you might counter with “Well, no two trade set-ups are exactly the same” and you would be right. So I have to classify trade set-ups into reasonably narrow classifications to extract any meaning from the data. In short, it is an inexact science but one that can give you meaningful insight to which general categories of trade set-up work the best under given situations.
Trading is no easy task, but it is often misunderstood why so many people are unsuccessful at it. This leads to the assumption that it must be because of the apparently “unpredictable” nature of the stock market, which couldn’t be further from the truth. The real reason why only 10% of people become successful at trading, is because people quit before they learn how to be successful at it!Getting Smarter With Modern Forex Tools for Technical Analysis of Trends
Every trading industry has its own set of conventions and benchmarks. There are certain key performance indicators in forex, just like any other trading domain. Thousands of Forex traders crash and burn within a few short weeks, because they do not have the valuable traits required to succeed in the long term:Detecting Trends in Forex So You Can Anticipate Better and Profit More
Successful Forex traders have the ability to identify certain key events, and then anticipate the direction of currencies better than others. However, it is not just intuition and patience that helps them earn more profits. By the time they become expert traders, they know what type of indicators to watch out for, before making a move.Day Trading Strategies and Intraday Trading Tips For Success
Sometimes day trading strategies and intraday trading tips are more about avoiding mistakes so you can have the success you want versus learning about what to do. Unfortunately, history has always shown there are some common sense errors made when trading in the stock market. To avoid these mistakes, learning about them is often helpful.What Is the Best E-Mini Trading System for You?
In recent years the number of new e-mini trading systems available on the market boggles the mind. Unfortunately, there is nothing new in most of these “breakthrough” systems as they are variations on an old theme that dates back to 1978. In my experience, a couple of these systems are suitable for swing trading but nearly all are substandard choices for e-mini scalping.The Number One Concept to Successfully Trading Real Money in the Stock Market
In this article, I talk about an important concept to making the transition from paper trading to real money trading as smooth and easy as possible. Sometimes taking that leap of faith can cause emotional distress that causes traders to not following their trading rules. This one concept helps to resolve that issue.
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