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Yes, believe the news, for it’s about real events. The only problem is that the effect on the markets may sometimes go against what people expect.
I think candlestick trading is awesome in the short-term, and as a result of this, one needs to consider it for intra-day trading and exit once there is a bullish candle against one’s short trade; and vice versa. – June 17
A lover of trading can mentioned as a kinda addict, but that view ought to be balanced. I love trading, but I’m no gambler, and I don’t stay glued to my screen. – June 18
You see, the best pairs and crosses are the ones that move significantly. There are pairs and crosses that move faster and more significantly than the EURUSD. The only advantage I see in the EURUSD is the low spread, but when a highly trending cross like the EURNZD or GBPJPY moves by an average of 500 pips in a week, then its high spread pales into insignificance. – June 19
It takes patience to get back your money in the markets – and this can take you years sometimes. Revenge trading is foolish because you can only take revenge on what you have capacity on. You got no capacity on the markets. – June 20
Trading without stops is one of the surest ways to bring one’s trading career to an abrupt end very soon. – June 21
People don’t want to trade because they don’t know the key to permanent success in the markets, and they don’t want to know it. Besides, they’ve been discouraged by those who’re either flops in the markets, or haters of trading out of irrational fear. – June 22
Is Trading Suitable Only for the Affluent? They say one shouldn’t trade with the money one can’t afford to lose. Most poor people cannot afford to lose, but some rich men can afford to lose. In other dimension, rich people can afford to invest with large amounts of money and any small % gains realized from that would make a difference – whereas the indigent can only put tens or hundreds of dollars that they want to double over and over again as soon as possible. Then this brings up the question: is trading better suited for the affluent? – June 23
Ground-breaking lessons from expert traders: http://www.harriman-house.com/experttraders
