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Things To Read Before Trading Today Stocks were mixed in Asia. The Nikkei fell one percent, Australia was up a fraction, the Hang Seng rose two thirds of a percent and Shanghai led the way with a gain of 2.8%. European indexes are generally higher, but nothing much; the Dax is currently up by a third of a percent and the Footsie is up just a fraction. US stock futures are up by about a third of a percent as I write. The April...more
The Psychological Aspect of Trading Many of today's highly successful traders will tell you that the general key to success in trading is to be able to comfortably take a loss. It is general knowledge among experts in the trading psychology field and among traders that the market is not predictable and it is safe to say that it never will be. In the world of trading, it is expected to take a loss; even those who are highly skilled traders know that it is inevitable. With that said, let us have a look at things you as a trader should be aware of, how you can take a loss effectively and use it towards the greater good of your trading world.Trading psychology tells us that when a trader loses he begins to become somewhat of a perfectionist in his dealing. Many traders think that in trading, a good day will always be one that is profitable. Trading psychology experts tells us this is not true. A trader should define a good day as one where they have extensively researched and planned with discipline and focus, and have followed through to the entire extent of the plan. Yes, when a trader has mastered the art of accepting losses and working through them with a well...more
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A Complete Trading System Versus Technical Indicators There are literally dozens and dozens of predictive indicators on the Market today. Surf up trading indicators and you'll see them, all claiming to be the Holy Grail of trading. They vary in price from $50 to $1000, but each one basically functions the same way. They all...more
Sales Hoo Review: Protecting The Internet Retailer From The Supplier Network Sales Hoo is an internet wholesale community designed to asset people who sell physical products online. If you sell on eBay or through your own site, this is a resource that will help you streamline the process of finding reliable, trustworthy, established suppliers for the products that you sell. By joining Sale Hoo you will gain access to an established network of people doing the same thing that you are. The adage "there is safety in numbers" hold true in this case as you will be joining forces with a recognized entity that services your needs.Sale Hoo is a community of around 75 members that works with over 8K wholesalers. Sale Hoo takes it job seriously as they continuously monitor these wholesalers and suppliers and weed out the ones who don't perform. They use a process that they call "scammer detection" which is a three tier process that includes Sale Hoo supplier reviews, member reviews and commenting on Sales Hoo's active Members Forum. if their is something going on with a certain supplier, then this process will warn others of problems.Many of the wholesalers and...more
Trading Methods and Rules Are Part of the Puzzle Does the use of proper trading methods and rules mean success in the markets? Maybe, but there are other important factors that contribute greatly to your overall success.Many people are...more
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The Psychological Part of Trading Trading in today's market is a difficult profession that will find few people making a steady income and a majority of the rest finding a hard time staying afloat. The puzzling part of the market,...more
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