Limit orders are the second-easiest thing to understand when it comes to investing. Market orders are the first. Plainly put, limit orders are prices that you want to pay for an instrument. Let’s say you head to a store and after … Continue reading →
How to Start Day Trading? This is the holy grail for traders. There are many MANY different trading platforms. The best way to choose the right one will be once you have decided on your market segment. For me, since … Continue reading →
Exactly the opposite of a resistance area, the support area is on the floor, the bottom. The Support area is a floor that is formed by pivots (price action) hitting over and over again. Anything more than 3 pivots is … Continue reading →
Areas will be your number one indicator. They are free. They can be done on any platform, for any market you chose to trade and focus on. The resistance area is a ceiling formed by pivots (price action) hitting over … Continue reading →
The consolidation area is one of the most common areas found in a chart and it’s a basic day trading lingo. In fact, they are so popular that you even find consolidation indicators around the internet. If you’re a beginner … Continue reading →
Bull and Bear Trading What is a Bull Market? Bull Market – have you ever seen the icon bull that stands at the tip of Wall Street? Did you ever wonder why it’s there? It represents the market. When we … Continue reading →
Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
HYPOTHETICAL PERFORMANCE DISCLAIMER: HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN; IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK OF ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL WHICH CAN ADVERSELY AFFECT TRADING RESULTS.