Understanding Why Your Emotions Are Causing You to Fail in Forex Trading
Because all of us went to school, it has been ingrained into our brains with the urge to be correct in order to be successful. This habit of being right is causing us to fail in trading. We want eight out of ten trades to be winners. It is the need to be more right than wrong that is causing us to lose. We only want to win trades and avoid losing trades at all costs by trading without a stop loss. We lie to ourselves that a losing trade is not a loss until we actually close the trade. By holding onto a losing position and hoping that it will come back one day, we have failed at trading. This is because we don’t accept losing trades.Options Trading in an IRA – More Options Trading Strategies Allowed in Retirement Accounts
In the past, options trading was not permitted in an IRA account by brokerages. Today, more and more brokerages are allowing some option strategies within retirement accounts.Day Stock Trading to Traders Who Want to Get Filthy Rich
Day trading is certain pattern in trading. You really need to know what you’re doing with this technique. Read more about day trading and what it can do for you.
The opening range breakout is simple to understand but is increasingly difficult to trade in today’s stock market. This article gives some easy-to-follow tips for anyone looking to day trade this pattern.Day Trading Training – A Live Forex Trading Room
Learning to day trade the forex market can be a very difficult task if you do not learn from a trained professional who has day traded forex with profitable results for years. Day trading is perhaps the most popular form of speculative trading, however this does not mean it is easy, and as such needs to be learned from someone who has been in the business for years and achieved success.