Remember that you are only a couple of bad trades away from blowing up your account. NEVER DO ANYTHING TO RISK LOSING MORE THAN 25% OF YOUR ACCOUNT.
If you lose...
Money management in forex trading business involves specialized techniques combined with your own judgment.
Keeping this mind, you may find a few essential money...
Would this mean that you would automatically make money trading your account?
No way!
The problem is that, as hard as it is to learn how to trade the market, it...
I do agree with the statement that financial markets are efficient. They are very efficient in one thing - transferring money from bad and naive traders/investors...
The prerequisite for this material is having studied “The Law of Charts.”
Study it thoroughly. You must know about 1-2-3 formations, Ledges, Consolidations, and...
Whatever you have a magic expert indicator or not, with no doubt you must combine at least two different ways or indicators to produce a signal which is reliable...
Many traders aspire to be successful traders, but few succeed. An amateur trader looks at the Trading platform, makes a trade and loses, makes another trade and...
The truth about Fibonacci levels is that they are useful (like all trading indicators). They do not work as a standalone system of trading and they are certainly...
Few traders ever stop to consider the context that defines the foreign exchange marketplace, but all of them should.
As forex matures in its role as a retail...
Why are some of the Original Turtles giving away Rules for which others have charged thousands of dollars? Are these the actual Original Turtle Trading System...
The tick index may appear to be one of the simplest of market indicators, but it also offers insight into market psychology.
As a stand-alone indicator,...
An oscillator’s failure to confirm the higher high or the lower low of the market is a red flag to most technical traders.
Is there a message when the price diverges...
These are the people who you will be taking money away from. These are the people who will be eaten by the bear. You don’t have to outrun the bear (the entire...
When an uptrend makes new highs in price and in momentum indicator (new high in short MACD), it still has momentum to go up.
When a downtrend makes new lows in...
Many traders pay lip service to money management while spending the bulk of their time and energy trying to find the perfect (read: imaginary) trading system or...
How many times have you heard the often-quoted statistic that 90 percent of all traders fail? Yet everyday, millions of ordinary people around the world wake up,...
Using candlestick charting set ups on the one minute charts, Micro Trading introduces traders to scalping for small consistent gains.
This type of trading...
When I started trading, I lost a lot of money due to so many factors before my eyes were opened. Along the line, I was a able to develop strategies which one of...
Even if you are completely new to the Forex you probably know that there is a lot of information out there. If you wait until you know everything about the Forex...
This goal of this manual is to introduce beginning traders to all the essential aspects of foreign exchange in a practical manner and to be a source of best answers...
After you read this book we hope you will agree that trendline methods, both old and new, still have great financial value to traders.
The computer is a...
Hidden divergences are the opposite of classic divergences. Classic divergence looks for lower low prices accompanied by higher indicator values at price bottoms...
Double and Triple Zigzags are similar to Zigzags, and are typically two or three Zigzag patterns strung together with a joining wave called an x wave. They are...
Charles Dow invented the basics of “supply and demand” charting, point and figure, in the late 1800’s. It’s been used ever since. Charts effectively show “historical...
Even as you read this, the candlestick charting technique, with its origins in Japan, is being absorbed into the ways of Western technical analysis.
Here's how...