Posts Tagged ‘trading strategy’
“Effort only fully releases its reward after a person refuses to quit.” -Napoleon Hill After devising a strategy from a trader’s granary of knowledge and experience. One final step is only needed for a trader to attain financial stability, Automatic Trading System. It is a program code intended to apply the devised strategy in a… Read more
Foreign exchange market enables everyone to make substantial profit. However, it implies much hard work. Becoming a successful trader requires taking well-thought decisions on the market. Once failed, beginners tend to put the blame on the market peculiarities, hindering earning money. It is not the case though. We are going to deal with some stories… Read more
Before starting the work on Forex each trader needs to elaborate his/her own, individual business plan that will help him to succeed in carrying out operations on the market. We shall touch upon the most important points to be considered when elaborating an effective business plan. 1. Personal growth Being optimistic is vital for a… Read more
The trading on the international currency market is divided into two groups: long-term and intraday. However, their methods and approaches are different. Today we will talk about the features of long-term trading on Forex market. It is deductible from the term that this kind of trading requires a long period of time. This method implies… Read more