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Written by Dailyfx.com |
Wednesday, 02 December 2009 12:47 GMT
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Trading the financial markets is one of the most competitive fields in existence today. I recently received an email from an DailyFX Course graduate who was doing all the things necessary to become a profitable trader.
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Written by Dailyfx.com |
Tuesday, 01 December 2009 07:40 GMT
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Too many times I hear about new traders opening a trade using the 5-minute chart (not my favorite approach) and when the market moves against them, they move to the 15-minute chart to justify staying in a little longer, hoping that the market will... |
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Written by Dailyfx.com |
Thursday, 26 November 2009 08:04 GMT
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Those of you who have taken one of our DailyFX Courses know that the instructors always recommend trading in the direction of the trend on the daily chart. If the trend is up, then only look for buys and if the trend is down, then only look for... |
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Written by GoLearnForex.net |
Thursday, 19 November 2009 12:50 GMT
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Non professional forex traders often take the plunge into trading forex before taking the time to learn forex and equipping themselves with the knowledge necessary to find success. Forex trading is business and not like approaching a roulette... |
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Written by Dailyfx.com |
Tuesday, 17 November 2009 14:19 GMT
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One of the most powerful pieces of information you can use to evaluate
your actions as a trader is a trading log. |
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Written by Dailyfx.com |
Friday, 13 November 2009 01:30 GMT
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Trader A has a win percentage of 75% on all trades while trader B has a
win percentage of closer to 40% on all trades. Which trader is more
profitable? |
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Written by Dailyfx.com |
Wednesday, 11 November 2009 05:59 GMT
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One of the great things about being a DailyFX Course Instructor is thatI get to work with people who are making a commitment to improve astraders. One of the things they ask us is what is the differencebetween a new trader and a professional... |
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Written by Dailyfx.com |
Tuesday, 10 November 2009 07:44 GMT
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Moving Averages may be the most popular technical indicator becausethey are easy to understand. After all, a 10-day Simple Moving Averageis calculated by just taking the closing prices of the last 10 days,adding them together and dividing by... |
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Written by Finexo.com |
Friday, 06 November 2009 08:52 GMT
Retail Sales
Measures total receipts of retail stores from samples representing allsizes and kinds of business in retail trade throughout the nation. Itis the timeliest indicator of broad consumer spending patterns and isadjusted for normal seasonal... |
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Written by Finexo.com |
Friday, 06 November 2009 08:45 GMT
Purchasing Managers Index (PMI)
The National Association of Purchasing Managers (NAPM), now called theInstitute for Supply Management, releases a monthly composite index ofnational manufacturing conditions. The index includes data on neworders... |
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