Thursday, May 17, 2018

Changing your trading style

In fast moving markets this will happen especially if news has broke that influenced the direction of the market.  Stock and forex trading is risky so the losses you take should be small if you stick with a solid trading plan and know where to set stop losses. Changing your trading style from hitting the buy button and sell button and moving in and out of positions will lose you money in the long run. You need to look at your position and adjust your buy and exit strategies accordingly. As a trader, you are not guessing on where the trade might be going whether it is a long or short trade, so you are not taking a risk it is not gambling it is a well thought out trade.

 A profitable forex or stock trader mental attitude is most important. They have to have a positive outlook on all their trades. This will make you a successful and profitable trader. One of the important parts of not having to many losing trade is the technical analysis and reading your charts correctly. Experienced traders and investors in the markets must use technical analysis as part of their trading program.

Tuesday, May 15, 2018

LONDON OPEN TRADE STRATEGY


The Forexmentor Live! interactive training in trading Forex includes unlimited access to the live trading classroom, detailed tutorial videos used in trading client accounts, a step-by-step guide to the LPT Method, technical analysis, detailed presentations throughout the day, live Trade Alerts, access to Professional Fund Managers, access to live news feeds in real time and so much more. The London Open Trade StrategyLONDON OPEN TRADE STRATEGY (LOTS) is a 100%, rules-based Forex trading setup strategy created by Darko Ali and Vic Noble to help Forex traders locate and enter trades in a pre-defined way. This unique yet simple trading system offers 100% objectivity in how a trade is validated, with rules for entry and stops, and strict guidelines for trade management, all resulting in trades with high accuracy and favorable risk-to-reward.
The London Open Forex Trade Strategy with Darko Ali and Vic Noble