Tag Archives: finance

Forex Trading

Trading Coaches – Learn And Profit From a Master

Leave a comment

Many people can’t wait to get started trading after they have read all the books and got their trading system and equipment all setup. After trading for a while, they may have some wins and some losses and become discouraged. All this hard work just to break even? They may wonder what is missing? They may hear that other traders using similar systems are making great profits. The missing piece to the puzzle is often experience. Traders faced with the same market and using the same system will produce different results based on their experience in the market. One of the best ways to shortcut the learning curve that everyone goes through is to use a trading coach and leverage their experience in the market.

What is a trading coach? A trading coach is someone that will help you get started in trading or if you already have experience, help improve your trading. They are experienced traders themselves with many years experience and can provide objective guidance on your situation and advice on how to improve your trading results. A trading coach can look at your trading results and review your trading plan, and spot areas that need improvement or give suggestions that you may not have thought about.

It is possible to work with a trading coach privately or in a group. Your budget may dictate which option you choose, but even if they can afford it, many people prefer the interaction and learning that comes from being part of a group. If you choose a private session you will get the undivided attention of the coach and you will get advice tailored to your situation. Location doesn’t have to be a limiting factor when choosing a coach, as these days, coaches will work on the phone, using the internet and Skype or in person.

You may find some trading coaches also offering home study courses. Although there may be an extra cost for this, when you compare it to the cost of actual trading coaching sessions, it can be good value. Instead of paying for the time of the trading coach to explain basic trading concepts and systems, learning from the course is an alternative. Once you have learnt the basics, you can then use the time with the trading coach most effectively.

You may have heard of ‘trading rooms’. This is another option to learn from a trading coach. In a ‘trading room’ a trading coach will analyse the market, and provide their opinion of what is going on in the market. They will be able to advise if any trading signals are appearing and you are able to take the trades as the trading coach calls them. An advantage of this style of coaching is that you are able to ask questions in real time of the market conditions and get immediate feedback.

There are many areas that a trading coach can help with. It may be that your trading plan needs work. You may need assistance in technical analysis to improve your trade selection. It could be that you are able to select good trades but then are not able to manage them to extract the most profit from them. Regardless of the area, if you are able to identify where you need help, you will be able to get the most out of a coach.

Learn more about a trading coach, visit www.tradingcoachdirectory.com to find a list of the best trading coaches.

Forex Trading

Fundamental Chart Indexes: Candlestick Patterns

Leave a comment

One of the key indicators that aid traders interpret candlestick charts are candlestick patterns. Candlestick patterns are valuable for making effortless systems that will advise you regarding the compilation of a trend in order for you to commence trading.

The open, high, low, close price of the stock, commodity or currency over a period of time is illustrated in the candlestick form. The period covered is generally user selectable.

The customary time period is 5 minutes but you may favor in specific situations to consume 15 minutes. Usually, longer periods are applied for longer term trading.

The body of the candle points the difference between the open and close points. If it is white (or green/blue on a colored chart) the open is the lower boundary of the rectangular body and the price advanced during the period you are examining. If it is black (or red on a colored chart then the opening price is the top boundary and the price tumbled.

In candles, vertical lines pointing up from the top and down from the bottom are known as wicks. The highest price ever accomplished during the period is the top of the upper wick section. On the other hand, the lowest price is the bottom of the lower wick part.

The trader can establish directly the price behavior from this analytical method. Bear markets are illustrated by green or white candles whereas bull markets are signified by red or black candles.

The relationship of open and close values to high and low values can be discerned quickly. Then there is a solid candle devoid of a wick.

The name for this is Marubozu pattern. This signifies that the opening and closing prices were never reached in either direction by the low and high market values.

If the candle is black or red, the opening rate was the high and the closing rate was the low. If it is white or green, the opening rate was the low and the closing value was the high.

A relatively constant upward or downward trend is defined by a long body. A reversal is marked by a long wick on the top or on the bottom.

In conclusion, to ensure precise trend reading, candlestick must be read within the context of the preceding candlesticks. You then can go ahead to make more detailed candlestick patterns that will imply probable future trends.

forex automoney | forex trading training

Forex Trading

Good Traders, Bad Traders (Part II)

Leave a comment

Scalper is a workable profile for a small retail trader. However, you should be able to view the overall trend of the market to gauge whether you are trading with or against the prevailing trend. A scalper is also a seeker of short term profits of the level of 25-50 pips.

A scalper might use a 10 minute chart to follow the market, a 1 hour chart to determine the long term trend and the 5 minute chart to time the entries and exits for each trade.

However, sometimes you might not want to close the trade at the end of the day as the trade is in profit and you are expecting more profits if you continue with the trade overnight. There is a rollover cost if you rollover your trades overnight. Be sure if you want to day trade, you know your broker policy on rollovers and the rollover cost for you.

However, sometimes you might not want to close the trade at the end of the day as the trade is in profit and you are expecting more profits if you continue with the trade overnight. There is a rollover cost if you rollover your trades overnight. Be sure if you want to day trade, you know your broker policy on rollovers and the rollover cost for you. A Day trader is looking for larger profits something like 50-100 pips. A Day Trader might use a 15 minute chart to follow the market, a 4 hour chart to determine the long term trend and the 5 minute chart for making the entry and exit.

Position trading is long term like a few months to a year. A lot can happen in few months to a year. The whole world can go topsy turvy. The important question is can you make an investment for that long and survive looking at it for that long.

Each profile requires different scales of charts and time frames but also indicators and money management parameters. If you aim for a 1/3 risk/reward ratio, a Guerilla will risk 5-10 pips per trade, a scalper will risk 15-20 pips per trade, a day trader will risk 25-30 pips per trade and a position trader will risk 40-50 pips per trade.

Even if two trader s use the same charts and technical indicators they might interpret them differently. The differences in money management techniques and attitudes are much less. Good traders tend to share money management and attitude traits. So do bad traders.

Do you want to become a good trader or a bad trader? Always keep in mind that in forex trading a 10 pips move up or down can easily occur within seconds or minutes very quickly without any reason or rhyme. No two traders can be exactly alike.

Mr. Ahmad Hassam has done Masters from Harvard University. Try these cash printing Forex Signals from heaven. First trade on your Forex Demo Account! Get a totally unique version of this article from our article submission service

Stock Trading

Strategies For Profiting With ETF Trading

Leave a comment

If you are looking for a profitable way to trade the market, then you should look into ETF trading. ETF’s are a great way to trade the market, because you will usually be buying a group of stocks that has a solid financial position in the overall marketplace. When you trade stocks that are somewhat secure in their prices, you are guaranteed a certain amount of safety no matter what group of stocks you buy.

There are multiple ways to trade ETF funds too. You can use fundamental trading strategies, or you can use technical trading strategies. When you use technical strategies, you will be utilizing highly advanced software that was designed to predict small fluctuations in the market. This can be a very simple way to trade any type of investment, because you just make a trade when the program tells you to. The only problem with this type of investing is the reliability of the system. Sometimes you will be directed to make a purchase that does not profit at all. There can be substantial risk that the program that you are using will be wrong when it makes a decision.

The best way to utilize the services of a technical trading software is by setting up a trailing stop loss on every purchase you make. Then, if the program does pick an investment you should not be in, you will be able to sell for a very reasonable price. Depending on how much money you are dealing with, you will want to set the stop loss range from anywhere between one percent to five percent of the value of the investment.

A safer way to choose a good ETF trading strategy is through the use of fundamental signals. When you use fundamental signals, you will be using more substantial facts when purchasing or selling. By using facts that will certainly affect the price of stocks, you are able to make more secure investments each time you make a trade.

To minimize the risk from a technical investment strategy, you will want to establish a stop loss on every investment you make. Generally, stop losses are placed at about one to five percent of the value of the total investment. This will ensure that you keep the majority of your money, even if the program accidentally chooses a bad investment. This will also give you a better chance of turning a profit in the long run too.

A common strategy used to buy most types of investments is a fundamental strategy. Using this type of strategy will eliminate risk consistently. When you use this strategy, you will avoid investments that do not have substantial support for the prices they are trading for.

Whichever system you use for your ETF investments, you will want to keep your eye on the latest news affecting your investments. If you choose to use fundamental indicators or technical indicators, you will still need to watch out for important news.

One of the most important factors to observe when making ETF purchases is the news. When you are informed about the news surrounding the industries of your investments, you will be able to stay one step ahead of any quickly moving market trends. As long as you are watching the news with your investments, you should be able to make either investment strategy turn out to be a success for you.

Learn how it’s very possible to make 6% per month in your investment accounts using etf trend trading! “Big A” is a recognized expert in the world of etf trend trading system and reveals trading and investment secrets that have been kept under wraps by hedge traders for years. Give him your email and get a free report and webinar today!