March 2nd, 2010 by admin
The most successful floor traders are those that have the most experiance, this is no coincidence at all and should be a pointer for those who aspire to become a good trader. Day trading can be likened to being a sportsman, such as a golf pro or tennis champion, you need to be trained and [...]
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February 7th, 2010 by admin
The market’s reaction to support and resistance can happen in various ways …
As you go through technical analysis training, the following are some patterns that can be observed when that happens in the market .
One we might call “touch and away” as if the market is [...]
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January 27th, 2010 by admin
For traders, one concept that is hard to figure out is the concept of support and resistance. This is perhaps so because support and resistance are invisible until they are encountered , and even then it can be had to see it unless you use multiple timeframes.
There is a [...]
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November 22nd, 2009 by admin
Professional stock trading insider avows under oath: this stock market tool is NOT prohibited!
This is an incredible indicator used by none other than Steve Cohen. Cohen’s firm, S.A.C., which has as its name his initials, is a billion dollar hedge fund monster. His actual trading profits have averaged approximately 70 percent per year.
He [...]
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September 12th, 2009 by admin
Technical analysis of the stock market, or any other market such as Forex, Bonds, Futures, is how most traders and investors make their trading decisions. This is as opposed to fundamental analysis which most people more agree is pretty much done as a way of making trading decisions, unless of course you are Warren Buffet!.
You [...]
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September 10th, 2009 by admin
The most successful floor traders are those that have the most experiance, this is no coincidence and should be a pointer for those who aspire to become a good trader. Day trading can be likened to being a sportsman, such as a golf pro or tennis champion, you need to be trained and in good [...]
Read the rest »