Trading Psychology: Mistakes in a Trading Environment
Trading Psychology: Mistakes in a Trading Environment When it comes to trading, one of the most neglected subjects are those dealing with trading psychology. Most traders spend days, months and even years trying to find the right system. But having a system is just part of the game. Don’t get us wrong, it is very important to have a system that perfectly suits the trader, but it is as important as having a money management...
Currency Trading: Understanding the Basics of Currency Trading
Currency Trading: Understanding the Basics of Currency Trading Investors and traders around the world see the Forex market as a new speculation opportunity. Before adventuring in the Forex market we need to make sure we understand the basics: how are the transactions conducted in the Forex market? Or, what are the basics of Forex Trading? This is what this article is aimed to, to understand the basics of currency trading....
A Quick Forex Guide for Traders
In this Forex guide we will review some steps you need to take care before you venture into your trading journey and learn about the Currency Trading Basics. Most traders venture into the Forex market with little or no experience in the Forex market. This results in painful experiences like loosing most of the risk capital, frustration because it seemed so easy to make money, etc. The first thing you need to realize ...
6 Mistakes That Assure Failure in Forex
Before venturing into your trading journey there are some things you need to be aware of, otherwise you could succeed on your trading adventure, and we don't want that to happen, do we? This Forex training guide will help you track the most costly mistakes Forex traders do. First of all, make sure you don't have a trading system. Having a trading system might increase the odds of your success. If you have a system, you...
Main Drawbacks of Forex Traders
Why is it that very few traders succeed in the Forex trading environment while the grand majority of traders fail to achieve success? There is no hard answer to this question, there are a few things that will put you one step ahead and will definitely put the odds in your favor. The main purpose of this article is to guide you through some important aspects of Forex trading. But in a different way, instead of telling...
What every Forex Training Program should include
Should new Forex traders take Forex courses or join a Forex training program? Definitely yes; by now you have probably heard that only 5% of traders achieve consistent profitable results when trading the Forex market. The main reason for this is the lack of Forex education. Don’t get me wrong here, taking a Forex training program or a Forex trading course won’t guarantee profitable results, nothing can, but choosing the...
Mechanical and Discretionary Systems
Mechanical and Discretionary Systems There are basically two types of Forex trading systems, mechanical and discretionary systems. The trading signals that come out of mechanical systems are mainly based off technical analysis applied in a systematic way. On the other hand, discretionary systems use experience, intuition or judgment on entries and exits. But which one produces better results? Or more importantly, which one...
Has The USD/JPY Ever Been So Quiet?
It's just after 9.00AM here in the UK so the current trading day is 9 hours old, and yet the USD/JPY has barely moved. I know we have had the US mid-term elections, but this is ridiculous. The average trading range for the USD/JPY pair is around 62 points at the moment, and yet the trading range so far is just 7.8 points.I'm watching this pair very closely because there could be a great breakout opportunity here. This pair has...
3 Ways You Can Use The Average True Range (ATR) Indicator
I have talked about the Average True Range indicator before on this blog, but today I want to talk about three specific ways you can use this particular indicator. If you have never come across the ATR indicator before, it is essentially a measure of volatility, and broadly speaking it tells you the average trading range for any given period.So let me give you the three main ways you can benefit from using the ATR indicator:1....
Write a program that take two values and print the sum,product,difference,quotient and remainder
Write a program that take two values and print the sum,product,difference,quotient and remainder-------------------------------------#include #include void main() { clrscr(); int first,second=0; double First,Second=0; cout<<"Please Enter Two Values \n"; cin>>First>>Second; first=First; second=Second; cout< cout<<"Sum = "<<< cout<<"Product = "<<<...