3 Common Psychological Mistakes E-Mini Traders Commit Trading e-mini contracts is as much a test of emotional control as opposed to intellectual acuity. One of the most difficult concepts to convey to new traders is the level of importance that psychology and emotional control play in profitable trading. It's not enough to know all the good trading setups; good traders are in complete control of their emotions throughout the...more
It is widely known that about 95% of new forex traders will lose money and quit in the first 2 years, by eliminating these 3 basic mistakes you will be one step closer to success.1. Trading Around News Events - Before considering a trade always look at the news events calendar and do not trade within 1/2 an hour of a major news event. You can look at the Forex Factory online news calendar, the major events are denoted with orange or red icons....more
3 Common Mistakes Made By Forex TradersIt is widely known that about 95% of new forex traders will lose money and quit in the first 2 years, by eliminating these 3 basic mistakes you will be one step closer to success.1. Trading Around News Events - Before considering a trade always look at the news events calendar and do not trade within 1/2 an hour of a major news event. You can look at the Forex Factory online news calendar, the major events are denoted with orange or red icons. Around these events the volatility greatly increases and the market tends to whipsaw, your position can be quickly stopped out. This is an important habit, if you've been trading for any length of time without checking for news you've likely been stopped out unnecessarily due to news events.2. Overly Tight Stop Losses - A very common mistake that amateur traders make is using overly tight stops. Each currency pair needs some "room to breathe". If your stops are too tight, you are at a great disadvantage. Always consider that you have to pay a spread to your broker. Let's say that you are trading the Euro/Japan cross and your broker has a 4 pip spread. If you set a 20 pip stoploss and 20 pip take profit,...more
Online branding is a very shrewd strategy for any business looking to gain a competitive edge when marketing on the internet. Developing a unique business brand will help to make you more easily identifiable setting you apart from the pack online. This will result in you being able to deliver any marketing message more effectively as well! So how...more
Most new bloggers I've met over the last year or so seem to be doing the same mistakes over and over again. I guess with all the hype about how much money you can make from your blog, these guys are in a rush to get on the blogging bandwagon by any means necessary.Still, mistakes will cost you in the long run.If you look closely, you'll find that...more
It's unbelievable that people from all over the world attend an Online Marketing Workshop, hoping to improve their own small businesses.Ever wondered why these people would leave the comfort of their own homes, as well as their families to cram into a meeting room with a bunch of strangers for two full days?The answer...They know they don't have all the answers and they also realize the benefits of attending a small business workshop.Let me share with you 3 reasons you should attend a small business workshop for online marketing in your area, perhaps Dallas, Fort Worth or another city in Texas.1. Dynamic ContentWhen I attend a well-organized workshop or seminar, I am astonished at the amount of content the speakers give in their talks. Last weekend, I came home with a notebook full of ideas and notes that I could implement immediately. Many speakers freely share their online marketing strategy at business seminars. Since the speakers are entrepreneurs themselves, they know what the attendees need to start a small business or take their small business to the next level.2. Contacts You Won't Make With E-Mail or the PhoneIt is amazing to me how a weekend conference allows small...more
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3 Better Ways To Search Online By: Ultimate Book Warehouse About the Author At Ultimate Book Warehouse, we specialist in Electronic Books from a large range of categories. We have 1000's of great titles and FREE eBooks to...more
Do you want to earn money online and want to learn exactly what you can do to start making it happen? If the answer is yes, you are in luck because you are about to learn three of the top ways to make money online. Each of these methods are...more
There are numerous candlestick patterns but there are just several that you unquestionably should be acquainted with.These candlestick patterns are more advantageous when you learn what is going on in each pattern.Candlesticks should be combined with...more
3 Best Daytrading Emini Ideas for Traders Emini day trading rules to trade by...When day trading emini sp 500, most traders start the day hard pressed to initiate a trade even though it may not be the best opportunity to do so. There are many...more
3 Benefits of Online Forex Training When people think about the various types of investing that they can get into, they fail to think about getting the training needed to be successful. Online Forex training works to make the more complex form...more