Posts Tagged by trading rules
18 Good Trading Rules to Prosper With
| November 21, 2011 | Posted by admin under Intro to Trading, Techncial Analysis Tutorials |
Came across these trading rules, and in general I find these will serve most traders extremely well. Therefore, they are passed on to you. The full article can be read here: http://www.ritholtz.com/blog/2011/11/richard-rhodes-12-trading-rules/ I especially like number two (haha, number two) about relative strength. Relative strength (and I do not mean the RSI indicator!) will save you from…
“Market Manipulation” Is Not Why Most Traders Lose
| November 8, 2010 | Posted by admin under Food for Thought |
A look at EWI president Robert Prechter’s requirements for successful trading November 2, 2010 By Elliott Wave International How often have you heard analysts refer to a down day on Wall Street as “traders taking profits”? Sounds great, but the sobering fact is that most traders — in futures, commodities, or forex — lose money.…
The Trading Mistake That is Guaranteed to Ruin You
| November 25, 2009 | Posted by admin under Intro to Trading |
I was talking a with a trader the other day who is struggling and he mentioned a tendency that he has. I think all of us have done this at some time or another, but if we don’t grow out of it, it WILL end our career. The problem could be described as Risk Spikes. …
Proper Position Sizing for Trading
| April 25, 2009 | Posted by admin under Intro to Trading, Techncial Analysis Tutorials |
Proper position sizing is something many traders never even think of, let alone learn to master. Here is a very quick guide to position sizing. I am publishing a full article on this topic and will post the information on where it can be attained when it is available. So in the meantime…. To determine…
8 Trading Rules
| March 1, 2009 | Posted by admin under Intro to Trading |
These are the 8 Rules of “Carney” from the book “Ugly Americans” by Ben Mezrich (published by Harper Perennial). They are pretty good so I thought I would reproduce them here. Check out the book, it isn’t too bad. Not as much trading material as I was hoping for but still an entertaining read. 1.…
USD/JPY Forex Swing Trade Signal and Set-UP
The USD/JPY pair broke above the 99.50 resistance level a few days ago, and has since retreated. The retreat took the pair back to a low 99.30 – right near the top of the old resistance area. The fact the market held this level, combined with a strong day today which is pushing the price…