Trading chat rooms can be particularly useful for novice traders. So, what are the pros and cons of trading chat rooms? The main advantage of trading chat rooms is that new traders can learn the finer points, of the market from other traders with more years of experience. Trading chat rooms can also provide traders …
Election Trading Strategy
With the US Presidential elections scheduled for next month, November 3, having an election trading strategy is becoming a hot button topic. As Darren Winters points out, a contested election is featuring on investors’ radar, with 60% of investors surveyed of the opinion that the election result could be contested, according to BoA Global Fund …
Instantly Improve Your Profitability
Here are just a few hints to instantly improve your profitability as a trader, courtesy of trader, mentor Oliver Velez. We have all heard old hand traders say that the secret to profitable trading is to minimize your losses and let your profits run. Fine, so how do you do it? The first step to …
Fibonacci Retracements
A market rarely moves vertically up or down, prices tend to retrace a predictable part of a move, known as Fibonacci retracements, then continue along its trajectory either up or down. Fibonacci retracements attempt to make a science out of the “random walk” the ordinary price volatility of the market to determine support and resistance …