Without a trading plan, successful trading is unlikely – you’re effectively driving blind.
The problem is new traders fail to recognise the significance of a trading plan. This may address why many traders find it difficult to accomplish their goals in this business.
From institutional investors hedging portfolio risk to independent retail speculation, the foreign exchange (FX) market caters to a diverse community.
Dependent on financial circumstances, time constraints and trading experience, starting capital varies for retail traders.
The only way to do great work is love what you do – Steve Jobs Most have never envisioned becoming traders or demonstrated a connection to the markets. In fact, it’s likely the majority were introduced to trading through friends or colleagues, enticed by the idea of financial freedom. Many, however, fail to acknowledge what … Continue reading Fall in Love with the Process – Not the Results
The VIX is a forward-looking indicator, and represents an indication of the 30-day implied volatility as priced by the S&P 500 index option market.
The S&P 500 is considered by many as a benchmark for the performance of the US stock market.
Technical analysis contains numerous indicators, many of which traders use daily in the financial markets. Few, however, attain the popularity of the Moving Average Convergence Divergence (MACD). Developed in the late 1970s by a gentleman who goes by the name of Gerald Appel, the MACD is primarily defined as a price momentum oscillator, although often … Continue reading Interpret the MACD Indicator Like a Professional: An Introduction
