officejax currency trading information

Channel



Ad your free banner at www.AdViews.info

 

6 Critical Factors For Successful Trading


Success in any profession can be broken down into a number of critical factors. Trading is no different. Does your trading tick all 6 boxes or are there any areas you need to work on:

1. Do you have an edge? Trading futures is a zero sum game - you must have an identifiable edge over the other market participants. Have you identified a high probability pattern that can be exploited time after time? Remember though, the only constant in trading is change - you will have to constantly evolve your trading edge to stay ahead of the crowd.

2. Disciplined Execution. There is no point in identifying an edge if you can't execute the trade. Measure your trading success against your trading plan not the actual outcome of the trade. If you make a loss but you executed your trade exactly according to your plan than pat yourself on the back, don't beat yourself up over it.

3. Money Management. If your risk per trade is too aggressive then you run too high a risk of blowing your account, too conservative and you will not optimize returns from your system. It is essential to establish the maximum expected draw down of any system and set money management rules accordingly.

4. Have a Trading Plan. A trading plan will dictate what you will do in any given situation during the trading day. When the market is open you do not want to have to think - just concentrate on executing your plan. When the market is closed you need to be preparing for the next session to ensure you have a clear plan prepared.

5. Accountability. You are responsible for every trade. Ultimately the decision to put on a trade is yours. If your stop is hit and the market immediately reverses then you are responsible, not the 'big boys' gunning for stops - it happens, move on. If you get huge slippage on your trades then does your trading plan account for it or is your plan unrealistic for the market you are trading?

6. Commitment. Trading is not like a regular job, you don't pick up a pay check at the end of the month even though you did no work and spent the whole month surfing the web and emailing your friends. You must be committed to placing every trade according to your plan, even through the losing periods where every trade seems to end up a loser. Trading seems to throw up extremes of good times and bad times, you must not get over confident during the good times and you must not give up in the bad times - remember it is all part of the plan. You must set aside adequate time every day to compare your actual performance against your trading plan. You must be committed to continuous testing of new ideas and regular monitoring of your existing plan. Research into future ideas is essential - remember the only constant in trading is change.

Tim Wreford runs Online Futures Trading, a website that provides information and resources for traders. Tim also provides a free day trading system, the results of which are updated daily on the site.


TODAYS NEWS BY OFFICEJAX FREE ADVERTISING AND AD EXCHANGE SOLUTIONSMORE RESOURCES updated Mon. April / 23 / 2018

This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news


Reuters

Currency trading volumes hit record highs in first quarter
Reuters
LONDON (Reuters) - Foreign exchange trading volumes rose to a record high in the first three months of the year, data showed on Thursday, as a rise in volatility from multi-year lows encouraged more buying and selling of currencies. FILE PHOTO: U.S ...

and more »


The National

Digital currency trading tumbles by half - The National
The National
Bitcoin's price has more than halved, while the second and third largest cryptocurrencies, ethereum and Ripple's XRP have lost even more of their value.

and more »


Coinsquare Discover

Goldman Sachs Hires First Digital Currency Trader for Potential Trading Desk
Coinsquare Discover
Rumours of Goldman Sachs launching a digital currency trading desk continue to circulate in the industry following a report from Bloomberg in December 2017. The report claimed that Goldman Sachs is positioned to become the first Wall Street firm to ...

and more »


RadioFarda

Sudden Rise Of Dollar In Iran Stops Currency Trading On Free Market
RadioFarda
Iran's currency took another big hit, falling between 6-9 percent on Sunday, extending a slide to a new record low on continued concerns over a return of crippling sanctions if U.S. President Donald Trump carries out his threat to exit a nuclear deal ...

and more »


Crypto Market Focus for SaluS (SLS): Currency Trading Near $60.48
Coin Cache
Putting the focus on SaluS (SLS), we have noted that the cryptocurrency has recently moved to $60.48 with today's volume showing 734803. Investors will be watching to see how the crypto trades in relation to the overall market over the next few days ...

and more »


Crypto Market Focus for GXShares (GXS): Currency Trading Near $3.69
Coin Cache
Investors may be taking a look at trading action for GXShares (GXS). During a recent scan, the crypto was seen trading near the $3.69 level on volume of 4773551. Crypto enthusiasts will be watching today's action and looking for any signs of a major ...

and more »


Crypto Market Focus for Walton (WTC): Currency Trading Near $14.23
Coin Cache
Zooming in on Walton (WTC), we note that the crypto has recently touched $14.23 on traded volume of 7140508 for the day. Investors may be wondering to what extent, if at all, they should be focusing on cryptocurrencies. The crypto phenomenon has picked ...

and more »


Crypto Market Focus for Stellar (XLM): Currency Trading Near $0.3693
Coin Cache
Scanning through some cryptocurrency data, Stellar (XLM), has recently been spotted touching the $0.3693 mark with a traded volume of 2497817. Crypto market watchers may be looking to see if the coin will gather some steam in the near future. At this ...

and more »


Crypto Market Focus for SysCoin (SYS): Currency Trading Near $0.512
Coin Cache
Crypto market players may be keeping an eye on the current market landscape and wondering which way momentum is turning. Looking at SysCoin (SYS), we have seen the crypto recently reach $0.512 on traded volume of 1750667. Cryptocurrencies have become a ...

and more »


Crypto Market Focus for SONM (SNM): Currency Trading Near $0.2073
Coin Cache
Zooming in on SONM (SNM), we note that the crypto has recently touched $0.2073 on traded volume of 1173955 for the day. Investors may be wondering to what extent, if at all, they should be focusing on cryptocurrencies. The crypto phenomenon has picked ...

and more »

Google News

     Large inventory of office cubicle and partitions walls for sale in Northeast Ohio

     Find home remodeling contractors Akron Ohio

Search for estate sales in Akron Ohio

Click here to
OfficeJax free ad space available here improve pagerank with a free one way backlink

 

Find used office equipment in Ohio at www.OfficeJax.Has.It

www.Akron.Has.It

Find the best fleamarkets at www.FleaMarketWorld.Has.It

Find electric powered vehicles at www.NoGas.Drives.It

Flea Market World

Free Automatic Link Exchange

Akron City directory

Find homes for rent
in Akron Ohio
www.homes4rent.has.it

Anonymous and Confidential U.S. Mail Drops - No ID Required reship worldwide

Click here to
post your free classified ad here free advertising and one way backlink
Free one way backlink

 

officejax surplus office furniture outlet Akron, ohio

[Back to Top]

 

auction news and listings for Akron, Ohio

Akron crafts and hobby news center

Akron Ohio pet news

Advertising and promotions Akron, Ohio

The Akron blogging news center

Akron Ohio web site design news

best tips and home remedies

Akron Mortgaging and refinancing

Akron currency trading

Page Ranking Icon

 

Home | Site Map
© 2012 - 2018 All Rights Reserved

 

currency trading forex currency trading online currency trading foreign currency trading currency forex learn online trading currency forex online trading currency day trading currency trading system forex currency trading system currency privateforextrader.com trading currency exchange trading e currency trading currency foreign privateforextrader.com trading book on currency trading currency trading broker currency trading software day trading forex currency currency ireland trading online currency trading system currency future trading day trading for the currency market online foreign currency trading fx currency trading forex currency trading beginner forex training course currency trading currency day system trading currency trading course 4x currency trading currency trading tutorial currency trading information foreign currency exchange trading currency global in market trading started in currency trading commodity  currency trading trading the global currency market international currency trading course in currency trading automated currency system trading foreign currency trading software currency trading strategy currency forex learn trading currency make money trading currency trading signal currency option trading currency forex market trading currency trading made easy chart currency trading currency trading  tip currency foreign forex trading currency demo trading currency trading forex spot rate learn currency trading basics currency trading currency trading for beginner forex currency trading broker currency electronic trading currency game trading currency exchange foreign  forex trading interbank currency trading practice currency trading currency forex fx software software software trading free trading currency guide tool online currency forex trading currency news trading best currency system trading currency trading account currency currency forex forex learn online online trading online currency trading strategy currency trading platform currency forex learn online online trading trading currency trading training company currency exchange foreign trading company currency forex trading currency euro trading currency forex trader trading automated currency trading currency foreign system trading currency market trading currency option trading system currency trading seminar business currency currency home internet trading trading canada currency trading spot currency trading currency exchange rate trading currency forex pair trading using vantagepoint currency network neural trading boards currency forex trading how to start currency trading currency trading australia currency forex tag trading currency forex trade trading currency insurance trading currency trading education live currency trading online currency option trading advisor currency expert trading, commodity currency future trading currency day foreign trading currency exchange link trading credit currency trading