In the often fast-paced hustle and bustle world of trading there is much written about trading plans, trading systems, etc. These are all essential components of successful trading and must be understood as well as applied. Another key component to successful trading that is often overlooked is, … [Read more...]
Why Analyze the Market?
For those who are just starting out in trading the question comes up quite often, "why analyze the market?". Actually, the answer is quite simple. We analyze the market to determine entry and exit points which are most likely to yield a profit over time. Our overall objective in analyzing the … [Read more...]
What Can Be Traded?
There are a number of financial instruments which can be traded. The most common of those financial instruments are stocks, futures, and Forex. In addition to those main three financial instruments there are also options on those financial instruments which can be traded as well. Which financial … [Read more...]
What Is Trading?
Before you dive right into trading one of the most basic concepts you need to understand is the difference between trading and investing. We are all familiar with invest in stocks or mutual funds. Typically we look to profit from the long-term growth of a company through owning its stock. Some … [Read more...]
Why Do You Want To Trade?
One of the very first questions that you will want to ask yourself is, "Why do I want to trade?" This is a totally legitimate question and one that needs an answer from you. The first and most obvious answer to this question is usually, "I want to trade to make money". That answer certainly makes … [Read more...]