Archive for June 14th, 2006

The Importance of Trading Time Frame Assessment

June 14th, 2006 | Category: Forex news
Trading requires time in a couple of ways. The first is the time dedicated to developing a trading system. This can be thought of as a one-off thing, but in reality it is more an on-going process. Once a system is in place, time is required in terms of monitoring the markets for signals, executing transactions, and managing positions. How much time all these different elements require depends on the trading system. The trading system, in turn, needs to take in to account the amount of time the Comments are off for this post

Ten New Trader Pitfalls

June 14th, 2006 | Category: Forex news
So you want to trade, eh? Or have you already started? What drew you to it? Was it the huge profit potential? Maybe it was the excitement. Or perhaps you're like me and love the challenge of solving a big, multi-dimensional puzzle. Whatever the case, there's certainly a number of things that make trading the financial markets worthwhile. At the same time, however, there are some huge obstacles along the path to profits and success. In this article I will give you five ways to avoid trouble in Comments are off for this post

Start Trading: Throw Those Excuses Out the Window

June 14th, 2006 | Category: Forex news
People make all kinds of excuses as to why they cannot get involved in investing or trading the financial markets. In this article, some of the most prominent are debunked. "I don’t have time" Despite being one of the most frequently heard, this is probably the most pathetic excuse for not trading there is. Why? Because the availability of technology and information in the modern day means that we can operate in literally any time frame we want. Many people, when they hear “trading”, think it Comments are off for this post

Start Trading Real Money Early

June 14th, 2006 | Category: Forex news
Take a look at Figure 1 and Figure2. Can you tell the difference? Figure 1: Figure 2: They look identical, don’t they? They should. It’s the same instrument. It’s the same data. It’s the same trading platform. Even still, though, if you have a position on in this market, the two charts could look quite different, depending on whether you are trading a demo account or with your own real money, especially if you are new to trading. Actually, if you’ve just switched from demo to live trading, Comments are off for this post