What Is Price Action Trading?
The term “price action” has become quite a buzz word in the trading world recently, and at least once a week I am asked exactly what the term does mean. To be quite honest, trading with price action really is all that and even more! After all, how many hedge fund managers or other large traders that manage money do you really think make trading decisions based on MACD, RSI, Stochastic, CCI or any other indicator that is based on nothing more than lagging prices?E-Mini Trading: Can We Still Trade in the Current Volatile Market?
With the price action in the e-mini market ricocheting about in unpredictable patterns, it seems that scalp trading is more difficult than ever before. I’ve listened to countless traders complain that the e-mini price action is too volatile to trade.E-Mini Trading: In Difficult Economic Times, Is It Wise to Consider a Career in Trading?
To be sure, many individuals are searching for a good job, a decent wage, and proper housing. So, the notion of entering a career as a trader, specifically an e-mini trader, would seem to be out of the ordinary and risky.
Day trading or Forex is a popular means for those interested in the financial markets as well as the economy to profit by trading the difference in currency pairs as well as a lot of other instruments such as commodities, metals and so on. In this article, we discuss the basics of Forex trading and the factors to bear in mind for those contemplating on day trading.E-Mini Trading: Are Your Stop/Loss Settings an Asset or Detriment to Your Trading?
I know of very few successful and consistent traders who approach e-mini trading without well considered placement of their stop/loss (S/L) settings. Your stop/loss settings identify the amount of money you are willing to part with in the event your trade does not develop in the manner you, as the trader, thought the trade would progress.