Price Action Trading – Holy Grail Or Catchy Phrase
If you are new to trading the markets, you may be completely unaware of the term “Price Action Trading.” However, even if you are a long term and experienced trader, you may not be aware of the virtues of trading from pure price action alone. There really is no definitive definition for price action trading, but in general, it is making trade decisions based solely on the price action from a clean chart, without the aid of indicators.What Do You Need to Do in Order to Build Winning Trading Systems Or Trading Models? Part 1
This is the first of a series of three articles I am writing to help you with some tips on creating a successful trading system and/or winning trading models. The articles will start off with general suggestions and will increasingly become more specific. In this piece I would first like to discuss the emotional and personal qualities you will need.The Simple Moving Average
The simple moving average is a venerable indicator and very basic in it’s calculation and interpretation. Yet, some valuable information can be gleaned from the proper implementation of this indicator. Due to it’s simplicity, it is often overlooked, especially in recent years.
This article is the second in a series of three articles providing some tips on building successful trading models and systems. This article will discuss: simplicity vs. complexity, the importance of backtesting, and putting your strategy into action.Stock Trading Basic Information For Beginners
The first thing you must learn is that the stock market is not as scary as what it may seem. Buying and selling stocks is actually a great way to earn more money. In fact, many people are quite successful at it. However, before anyone starts, they should first learn some stock trading basic information for beginners.