| 5 Day Trading Tips for Success |
| Written by Mike Reed |
| |
| If someone tells you that you can get rich quick day trading...run for the hills! There are no overnight successes, unless you are very lucky! Day Trading isn't easy, but with experience, dedication, self- control and hard work, you can become a successful day trader.
Trading Tips
If someone tells you that you can get rich quick day trading...run for the hills! There are...
Read More >> |
|
|
| Trading Psychology |
| Written by Martin Kemp |
|
| "Know thyself" exhorted the ancient Greeks. Pursue intelligent, disciplined self enquiry and you will come to understand the treasures of the self. This timeless Delphic dictate could, I believe, serve well as a focus for effort for those who today would profit from...
Published in "Shares Magazine" September 2006 ... trading the financial markets. Know you...
Read More >> |
|
|
|
|
| The Music of Forex |
| Written by Abe Confnas |
|
A recently published book- The Psychology of the Foreign Exchange Market, Thomas Oberlechner (John Wiley and sons Ltd) provides the results of research on how professional traders view the markets. In Chapter 7, Professor Oberlechner focuses on how forex markets are characterized with different metaphors. Metaphors are an important way people organize information as well as form their own expectations of the market. ...
Read More >> |
|
|
|
|
| The Emotional Dynamics of Trading |
| Written by Martin Kemp |
|
| The markets offer an endless stream of opportunities to trade. Each trade or series of trades provides the chance to wipe the financial slate of the past clean, find trading redemption and claim the lucrative future. Each trade has the potential to announce that your dues are paid, that you are maturing as a trader and that finally you are poised to ...
The Emotional Dynamics...
Read More >> |
|
|
|
|
| Mistakes in a Trading Enviornment |
| Written by Straight Forex |
|
|
When it comes to trading, one of the most neglected subjects are those dealing with trading psychology. Most traders spend days, months and even years trying to find the right system. But having a system is just part of the game. Don't get us wrong, it is very important to have a system that perfectly suits the trader, but it is as important as having a money management plan, or to understand all psychol...
Read More >> |
|
|
|
|
| How to Take a Loss |
| Written by Brett N. Steenbarger, Ph.D. |
|
There are quite a few books written on how to make money in the market. Some of them are even written by people who have made money as traders! What you don't see often, however, are books or articles written on how to lose money. “Cut your losers and let your winners run” is commonsensical advice, but how do you determine when a position is a loser? Interestingly, most traders I have seen...
Read More >> |
|
|
|
|
| Discipline, Mental Skills, and the Psychology of Trading |
Are you searching for answers to become a master trader? Or are you still trying to be a profitable trader? Trading is not easy as most people think, why is that out all those who try, over 90% fail?By Jay Lakhani
www.4x4u.net My trading experience expands two decades, and also being a trading mentor I have also interviewed many traders, many of them have struggled to earn any profits after so many years of trading and yet they continue to fund their trading accounts.
Most trade...
Read More >> |
| |
|
|
| Company Focus: Straight FOREX |
StraightForex was founded by Raul Lopez, a full time foreign currency trader. Raul also trains Forex traders around the world to help them achieve their trading goals. Raul is an economist and first got interested in the Forex market back in his college days. He got later involved in several Forex trading companies as a trader and a dealer. But finally decided to try it on his own.
A few words from the founder:
Dear traders,
Let me share with you some...
Read More >> |
| |
|
|
| Company Focus: FX Praxis |
Trade Forex with FxPraxis through our partner Gain Capital and receive access to all of our subscription services free of charge! We'll be offering a variety of online analytical tools with real-time stream data, the Goodman Discussion Board and a periodic FxCodex column written by Duane Archer
Analytica
Coming soon. FxPraxis web-based Applets for curre...
Read More >> |
| |
|
|
| 6 Critical Factors For Successful Trading |
| Mental Aspects of Trading |
|
| Written by Tim Wreford |
|
|
Success in any profession can be broken down into a number of critical factors. Trading is no different. Does your trading tick all 6 boxes or are there any areas you need to work on:
1. Do you have an edge? Trading futures is a zero sum game - you must have an identifiable edge over the other market...
Read More >> |
|
|
|
|
|
|
|
|
|
| |
