Free classified ads
Log in :  
free ads Business & Office : Financial Services in Egypt
Free classified ads
Accueil > Business & Office > Financial Services > Egypt

Common trading mistakes: part two

Details Business & Office Financial Services :

Common trading mistakes: part two free forex signals presents special offer open trading account with one of the best forex brokers and GET FREE forex Signals via SMS, Email and WhatsApp SIGN UP FOR A FREE TRIAL To Access FREE Forex Signals in the Members Area START FREE 30 DAYS TRIAL on https://www.freeforex-signals.com/ Overreliance on software Most people use some form of technology to assist their trading. For example, you might study chart patterns or use automated alerts and algorithms as prompts to trade. But, as useful as all of these tools are, it is important to remember that they are only tools, and must be employed wisely. Just as your satnav can occasionally direct you to drive into a deep torrent of water because it doesn't know the river has flooded, trading technology isn't something to follow blindly. You still need to keep your eyes open and react intelligently to the signs you see. Car So when using technology, such as charting software or other analysis tools, it's important that you understand the underlying concepts and the reasons behind what the charts are telling you. This will allow you to see the bigger picture and avoid unnecessary mistakes. Lack of record keeping Do you remember your first trade? What about the third, or the fifth? If you're new to trading, the details may still be clear in your memory. But in a few months' time will you still be able to describe each step and decision in detail? Unless you keep a trading log or diary, the chances are that this information will be lost. And if you can't remember what you did right, how can you replicate it? Similarly, if you don't know where you went wrong you could easily make the same mistakes again. Your trading diary will let you look back at your experiences with the value of hindsight and learn from them. So what should you record in it? Question Which of the following is NOT worth putting in your trading diary? A Why you decided to trade B What you were wearing at the time C Where you placed your stops or limits D How you felt at the time you opened and closed the trade Reveal answer Bad timing Timing is not only the art of good comedy - it's also central to good trading. In the same way that a stand-up artist needs to deliver the punchline at exactly the right moment, you need to time your entry and exit from a market perfectly to maximise any profit or minimise any loss. Timing mistakes are common among new traders. So how can you avoid them? Although getting your timing right isn't an exact science, there are a few tools that will help you to act at the right moment: Chart analysis will help you forecast potential scenarios by revealing market patterns A trading plan will help you to define your strategy, meaning you're more likely to avoid impulsive actions Stops and limits will allow you to go about your business without having to monitor the markets constantly summary Remember the limitations of software and use it intelligently Keep a trading diary and reflect on the strategies that have worked well (or not so well) Use tools such as charts, stops and limits to help you get your timing right when opening and closing positions


Photos of the ad :
Highslide JS
Common trading mistakes: part two - Photo 1/1 - Free Classified Ads
Reply to the ad :

Advertiser details User N°PTA77474 registered since : 17/06/2019 - See all his ads

Lieu ou se trouve le vendeur Location of the item : Egypt (World / Other country)

Contact the advertiser Contact the advertiser :











Attention
Hi! Free Ads isn't responsible for the ads posted here. If you think there is a problem with this ad, point it out to us by clicking 'Point out a problem'. We recommand that you are careful during the purchase or sale of any goods and to avoid using Western Union which doesn't provide strong security for you. By sending this message you agree our guidelines.
prevent yourself from scammers

Advertiser details Ad viewed 15 times

Posted in Ad online since : 13/10/2019

Ad in the same category ads Business & Office Financial Services in the same category :

loan-financial-offer

Loan financial offer

Are you in need of an urgent loans? We offer loan of all kinds to prospective individuals, company,

Business & Office > Financial Services


More details
get-your-orange-county-deals-from-hometown-oc

Get your Orange County deals from Hometo

Hometown OC is an online platform offering people access to a wide variety of Orange County deals. W

Business & Office > Financial Services


More details
best-payday-loans-direct-lender

Best Payday Loans Direct Lender

When you run short of cash and suffers through any financial crises than borrow the instant loans fr

Business & Office > Financial Services


More details
50-pound-loans-http-50poundloans-directlendersuk-co-uk

50 Pound Loans - http://50poundloans.dir

We help you get instant 3 month loans within few minutes of applying. You can avail these loans from

Business & Office > Financial Services


More details
do-you-seek-for-personal-or-business-loan

Do you seek for personal or Business Loa

It is my pleasure to write to the public in respect of giving out loans. We offer loans to private i

Business & Office > Financial Services


More details

Similar ads Similar ads : classified ads Financial Services



Ads from the same city free ads in Egypt (World / Other country)

Register  |   Post a Free Ad  |   My Account  |   Search
Our Partners  |   Sitemap  |   RSS Feeds  |   Terms and conditions  |   Legal mentions  |   Contact us