Thursday, November 28, 2013

A Major Key to Successful Trading.

 Most successful emini day trading system stocks or forex. If you have 60 percent winning trades, you will win in the long run. Part of overall winning is taking losses along the way in your stock or forex trades. In any trading system, you will experience losing trades as well as winning trades. If you think about it, when traders have winning trades you get motivated and you look for reasons to find the next trade. Traders move on forward from trade to trade sticking with their trading plan. The same is true when losing trades appear we become fearful of the next trade and look for reasons to shy away from following our trading system.
 This leads to the destruction of virtually all failing traders they get away what made them money. This leads to straying from your tested trading system to your being emotionally out of control. Traders must develop the mindset that you are a winning trader whether you are experiencing a run of losing trades or winning trades. A winning trader allows them to move through losing trades so they can be there for the winning streaks. New and novas traders do nothing about their mental trading fitness.
Stock and Forex Losses

Best strategy for trading the Stock Market

A consistently profitable trader will find a strategy that offers them a higher than average probability of success. They read articles like this one and formulate a winning strategy. You need solid trading plan. The consistently profitable trader will  use this for every trade and not deviate from it. Many new traders fall into the habit of making emotional trades that is not part of their trading plan and make money the first time. This leads to a false sense of security and making risk trades.
A CPT will never enter into a trade unless they know exactly how they will manage the trade from the entry price, protective stop, breakeven, exit strategy, this is how profitable traders earn a living. Managing your trade this way will take some of the emotion out of your trading. This allows you to become more profitable with your trading.
Best strategy for trading

Monday, November 25, 2013

How to trade commodities markets

One way to climb above the chaos is through abstraction, and in a good way technical analysis is a methodology that abstracts, for it identifies varying price levels deemed important. Most technical analysis was initially with  patterns like heads and shoulders, cups and handles, candle sticks. Eventually, with the advent of computers and number crunching, classical technical analysis turned into data analysis with relative strength indicators, Bollinger bands, and varying types of oscillators. Measuring price and volume action at critical price zones is what trending technical analysis is all about.  It's a way to measure supply and demand.  One form of  a mistake would be having too many indicators  or oscillators on your chart  this topic has been covered in several articles from the trading type sites.  Another form of mistake is looking at every turn or support resistance level that has been formed in the past and still consider it as a valid level for our future trades.
Commodities Markets

Sunday, November 24, 2013

CME Chicago mercantile exchange

The Chicago Mercantile Group Exchange  CMEGroup  constantly monitors this added risk due to market volatility across all Futures markets that trade on their exchange. With their acquisitions of the Chicago Board of Trade, New York Mercantile and Comex exchanges, they now have better than 85% of the world commodity Futures traded on their electronic Globex platform, or an open outcry trading pit, at one of the three exchanges. For over 100 years, the CME has cleared trades and been a counterparty to every transaction on the exchange every day for this period. For the record, in 2010, the CMEGroup cleared 2.4 billion contracts. Being a counterparty means that for every transaction made, the exchange will guarantee each buy or sell side transaction. If, for some reason, the party on the other side of your trade defaults on their obligation to honor their losses, the CMEGroup will make that transaction good by paying the loss to the winning party of the transaction. During this 100 plus year period, there has never been a failure of a clearing firm member resulting in losses to a customer account.
Chicago mercantile exchange

Saturday, November 23, 2013

How to trade indicators in trading charts

Many oscillators can be used in a strong trending market with some adjustments. Traders need the correct training to know how to adapt these indicators and also when to do the adjustment. The big thing to remember as a trader is that price is everything. Knowing how and when to use the right tool at the right time to support your trading decision is critical in saving your trading capitol.  In every trade, you should know a minimum of three things before placing the trade. You should know your entry, your sell point and your stop loss. This knowledge removes emotions such as fear and greed from my trading and allows you to focus on price action. It also gives you direction for managing the trade. Remember pigs get slaughtered so don't get greedy
Trade indicators

Friday, November 22, 2013

Trading the CCI indicator

 CCI  simply because it's popular and has a high degree of being accurate, the concepts in this piece are equally applicable for any of the major indicators and oscillators. For those new to trading, reading this information can provide a good basis and understanding of CCI and how indicators and oscillators work best with price action on your charts.
Use CCI on the bottom of your trading charts to measure the variation of a stocks, forex, futures price from its statistical mean. High CCI above the 0 line show that prices are unusually high compared to average prices. Low CCI values show that prices are unusually low compared to average prices. The CCI is an oscillator that typically fluctuates between –100 and +100.Forex pair prices are thought to be overbought when CCI moves up to the + 100 territory. Prices are considered oversold when CCI moves down into the – 100 territory.
The CCI shows overbought and oversold levels of –100 and +100. CCI extremes correspond to turns in price as seen on the candlestick chart. The change in price in any of the markets that you are trading is where  traders decide if they want to buy and sell.
Stock and Forex CCI Trading

New York's World Financial Center

New York's World Financial Center, headquarters to several blue-chip companies including American Express (NYSE:AXP), was built on World Trade Center landfill by recently deceased Canadian real estate developer Paul Reichmann. It arrived on the scene in 1987, just in time for that year's crash. (Mr. Reichmann's Olympia & York also had a major hand in lavish Thatcher-era London banking hub Canary Wharf, which similarly proved to be a canary in the coal mine for coming financial calamity.)
The New York Times (NYSE:NYT) dropped the ball when abandoning its Times Square headquarters, the newspaper's home since 1904, for a grandiose 52-story tower nearby.It opened on November 19 2007, and shares touched the lowest level in their history within weeks. Amid multiple layoffs as media increasingly migrated online, the palatial surroundings quickly became a white elephant for the Old Gray Lady. It has lately looked to lease out a full floor at the Eighth Avenue address.