In the simplest form, volatility is the rate at which market prices change. Large price movements equal high volatility while small price movements mean low volatility.
There are many different strategies that traders pick from. As a beginner, it is common for a trader to run through all types of trading until he or she finds the style most suited for them. This kind of searching may take a couple of weeks, months, or years dependent on the person.
This is a question that may plague a lot of traders. Some of you might have heard things like “trade all of them” or “trade one until you master it”. These opinions can come from leaders in the trading industry thus leaving some newbies or even intermediate traders in the grey about which route to take. Which answer is the right one? Both…
Price action refers to the price changes of a security, which is represented on a chart. All forms of technical analysis are based on price action since these methods are used to analyze the changes in price.
Making decisions based on price action means that your actions are based on the movement of price on a chart.
Today I come before you as a wounded soldier. This week, more specifically at the time of writing this article, I was caught asleep at the wheel. It happens to the best of us and it’s important to recognize when you are out of balance as a person because your imbalance, whether it’s physical, emotional, or mental, affects your trading results directly…
Capital, capital, and more capital!!! The main issue when starting to trade and make a living from the markets. You know? To show off the flashy lifestyle with; the cars, the multiple homes, the luxury vacations to the Bahamas or Paris, whatever you fancy really.
Often we find ourselves either running towards or running away from a topic, task, or even a new skill when we don’t understand it or when it looks too hard to do. Every person reacts differently! We become beings afraid to try and afraid to see the possibilities for what they are, possibilities.