Archive for May, 2009
The Single MOST IMPORTANT Aspect of Futures Trading
Posted on30. May, 2009 by admin.
The Single MOST IMPORTANT Aspect of Futures Trading
Okay, traders: Do you know what is the most important aspect of successful futures trading? Is it identifying the trading opportunity? Is it proper entry into the market? Is it the trading “tools” you are using? Is it an exit strategy that is the most important aspect of [...]
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People Think It’s All About Prediction — But It Is NOT!
Posted on30. May, 2009 by admin.
People Think It’s All About Prediction — But It Is NOT!
Let’s look at some of the major methods behind investing or trading and see what they can tell us.
Trend following – If you buy what’s going up, it will probably continue.
Value Investing – Buy what’s undervalued because it will eventually become overvalued.
Seasonality – The market [...]
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John Murphy’s Key To Success: Simplicity
Posted on28. May, 2009 by admin.
John Murphy’s Key To Success: Simplicity
“My work has gotten better due to simplifying my approach,” John J. Murphy, the veteran technical analyst, author and CNBC resident technical analyst, told a group of equities and futures traders attending the Technical Analysis Group (TAG) XVIII trading conference sponsored by Dow Jones Telerate in New Orleans.
Murphy said he [...]
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A Healthy Psychological Profile is Needed for Successful Trading
Posted on28. May, 2009 by admin.
A Healthy Psychological Profile is Needed for Successful Trading
Excerpted from Van Tharp’s Peak Performance Home Study Course
Many mental health professionals define an “uncertain” condition as being stressful. Uncertainty occurs because of too much information or because of too little capacity. The very fact that we cannot deal with available information is stressful.
Available trading information far [...]
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Understanding How and Why OTC Forex Markets Work
Posted on25. May, 2009 by admin.
Trading the OTC (over the counter) currency markets offers an opportunity to hedge stock and bond investing, but really is more of a traded market following the ebbs and flows of global commerce than it is an investment arena to plan retirement from. Getting to know six major currency pairs would seem an easy task [...]
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The Art of Contrarian Trading: Volume, Consolidation, Distribution, Headlines
Posted on25. May, 2009 by admin.
Traders are at a stage in the market cycle that is one of the most frustrating to deal with, and where the most money gets squandered trying to work things out. This stage is when we go through a phase of consolidation, moving sideways consolidating the recent moves made, while anticipating a continuation of the [...]
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Dollar May Slide Further On Global Optimism
Posted on20. May, 2009 by admin.
The U.S Dollar declined Tuesday against its major counterparts after a report from the U.S. Commerce Department said new construction of houses fell to a record low in April. The USD traded at $1.3630 per EUR after falling 0.5% yesterday. Against the Yen the U.S currency was at 95.94 after decreasing 0.3%. Analysts said that [...]
