Use smart Money Management.
The biggest reason traders quit trading is from incurring huge losses due to poor money management. Use stops, they are there to help you.
There are several different stop loss strategies and they can all be quite effective. Take some time, do your research and see what type fits your trading style best.
Every success with MarketClub,
Adam Hewison
President, INO.com
Co-Creator, MarketClub
How many ways can you draw a circle? It's probably a strange question to ask, but the reality is, trading is very close to the same discipline. How many ways can you successfully trade? Whether you're drawing a circle or trading, each requires certain elements to complete a perfect circle or a perfect trade.
I wanted to share with you 5 key elements that you must be using if you are going to trade successfully or invest in the markets. I like to call them the building blocks that must be in place to grow your fortune.
Each of the 5 elements are short and to the point and contain nuggets of knowledge that are essential for your success in the markets.
Attitude is so important in your approach to investing and trading.
Trading without a game plan is like crossing the ocean without a compass, you are going to get lost and run into a lot of problems without a game plan.
I'm sure you have heard the expression, "the trend is your friend." Well, truer words were never spoken in trading. This article will show you how to quickly determine the trend in any market. Continue reading "5 Ways To Immediately Improve Your Trading"
Like life, there are certain trading rules that you have to follow if you want to be successful. The following 5 trading rules and the 1 key to success are used in one way or another by every professional trader I know.
For those members that have been with us for a while, you may have seen these rules before. For those members who have recently joined MarketClub, you will find these 5 trading rules and the 1 key to success to be an important building block to your future success.
Attitude is so important in your approach to investing and trading.
Trading without a game plan is like crossing the ocean without a compass, you are going to get lost and run into a lot of problems without a game plan.
I'm sure you have heard the expression, "the trend is your friend." Well, truer words were never spoken in trading. This article will show you how to quickly determine the trend in any market. Continue reading "The 5 Keys To Trading And The 1 Key To Your Success"
When I started my trading career in the early seventies, I worked under a guy named Gary, who was somewhat of a mentor to me.
Gary was an interesting guy and his trading style was just as interesting. Every time he made a trade, he would flip a large egg timer over and the sand would start running. The first time I saw him do this I asked myself, "what is he doing?"
Now you have to remember, I was new to trading back then and had never seen someone with Gary's unique approach and trading style. For all that I knew, having an egg timer on your desk and flipping it over every time you made a trade was a normal part of trading.
The idea is not as crazy as you may think.
Have you figured out why Gary was using an egg timer?
Loading ...Continue reading "How An Egg Timer Could Improve Your Trading"
Today, I would like to share with you 3 easy-to-use, profitable Forex strategies based on the Trade Triangle technology. There is a strategy available for short-term, intermediate-term, and long-term trading styles. All strategies have been time tested and have proven to be winners over time.
If you are a short-term trader, watch this Forex video:
If you are an intermediate-term trader, this is the Forex strategy for you: Continue reading "3 Profitable Forex Strategies For 2014"
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