Timeless Techniques for Binary Options Trading
Binary Options Trading is generally known for its short expiry dates, usually within several minutes to a few hours, which offer quick trades with high returns. Japanese candlestick strategy is a valid form of technical analysis for binary options.Trading Without Technical Indicators
The overwhelming percentage of the retail trading segment uses at least one or more of the most widely known indicators. Now, if this is the case, what is their edge?E-Mini Trading Is About How You Think and React
I am the first to admit that discipline and technique are essential skills in the e-mini trading process. On the other hand, I have known more traders than I care to admit that knew more about trading than anyone in the room and were far more disciplined than most people; yet they could not fully grasp trading at the emotional level and remained mediocre.
It is my belief that knowing when to exit a trade is a tougher decision than knowing when to enter a trade. Beginning traders, in particular, have a tendency to exit winning trades too early and hold on to their losing trades too long. Further, one of the toughest decisions in e-mini trading is deciding to hold a trade through a retracement (in a trending market) or to hang in the trade hoping that it is a minor profit taking move that will be reverse in the direction of your trade and continue with the trend.Are You Listening To Television Analysts on Popular Programs During Your E-Mini Trading?
My ultra-small trading room has a feature that allows everyone to speak and add input during the times I am e-mini trading. Sometimes individuals forget to mute their microphones while in the room and I can hear what is going on in their homes as they trade. It’s not unusual to hear business and investing shows blaring in the background. Whether you are conscious of it or not, these television shows can easily influence your trading decisions in a negative way.