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25 Trading Tips - MTI
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25 Trading Tips - MTI
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Juan Salazar
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TRADING TIP y cv73 ick Tricks for Gen alana Ccleel antsy Oe a Eluick Tricks for Generating Higher ReturnsINTRODUCTION: With more than 20 years of market data fueling your trading decisions, you are at an advantage. You don't have to make the same costly trading mistakes that most new traders work through, but only if you can pull those lessons learned from the pros. Get a head start in the market with this 25 Trading Tips list, which could help guide you through some of the most critical trading decisions that all traders come across at one time or another. Plus, all tips come from a team of internationally-acclaimed market experts with more than 46 years of market experience amongst them so you know that they're the real deal. Read on for a quick look at the tips that have been used by successful traders in the past to learn how you could include this wisdom into your trades as early as tomorrow. Copyright ©2015 Market Traders Institute, inc.Together, support and resistance are your northern star for planning trades this time of year. Take a bird's-eye view of the market for direction, but get up close and personal on the smaller time frames to find entries and exits. Once your greed exceeds your need, your trades are going to bleed. The best way to prepare for each quarter is to fine tune your trading strategy, utilizing the trending markets. Watch out for wildcard candlesticks the closer we get to the end of the month. Te Copyright ©2015 Market Traders Institute, nc www. MarketTraders.comCheap is not the same as good value. If you buy out of the money, you will be out of money. Hunt out daily directional moves that are so common this time of year. Keep a watchful eye on the larger time frames for overall market direction. You could double your trading potential by taking both long and short-term trades on major market movements. Copyright ©2015 Market Traders Institute, nc nc www. MarketTraders.comThe right technical analysis eye is key. If one thing in your analysis is off, your trades could be in danger. The most important thing any trader should do is find a successful mentor to help guide the way for them. If you think education is expensive, you should try ignorance. You will never go broke taking a profit. Always have proper expectations in trading. If you focus on generating an income over time, you can let your formula work for you. Copyright ©2015 Market Traders Institute, nc www. MarketTraders.comThe tell tale candle: Look for the high or low of the day to form between 2:00 am ET and 5:00 am ET (GMT-4). Trading systems and consolidation are a match made in market heaven. “Learning to spot and trade sideway markets becomes every bit as profitable to a trader as trading the trends.” - Joshua Martinez “if you've spent all year searching for the trading ‘holy grail,’ don’t waste time doing the same thing next year. It doesn't exist, but smart, strategic trading does and it makes more money for the time you'd spend searching for a magic trading key that doesn't exist.” - Jared Martinez You always win your trade. Some- times you win pips, sometimes you win experience. Te Copyright ©2015 Market Traders Institute, nc www. MarketTraders.comYou don't always get what you pay for, but you do get what you don't pay for. Busy but still want to make big returns? Trade with indices to save time on the analysis, but still have the know-how to place multiple strategic trades. It's always better to trade smarter rather than harder. Devote time to finding ways to save on your trading motions while still making more pips. Exerting control over your trading returns is necessary. Key elements of your trades to keep under your control: lot size, choice of instrument, quality over quantity, and not giving in to market noise. It's better to lose a little by exiting a trade early, than to lose a lot because you let your emotions get the better of you. For more trading tips, attend a free forex webinar.
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