Reading brokerage statements is, surely, not one of the most entertaining activities, but it is important for the sound capital management. If you do not read or do not understand brokerage statements, which you receive by email in the end of the day, you might leave unnoticed dangers that threaten your portfolio, mistakes or even […]
A successful trader Douglas E. Zalesky was a member of the Chicago Mercantile Exchange (CME) for more than 20 years and successfully traded stock indices and bond futures. According to Douglass, 90% of a trader’s success depends on the discipline.
“You can be a free man. You can live and work anywhere in the world, be independent from routine and not answer to anybody. This is the life of a successful trader. Many aspire to it but few succeed” (Alexander Elder)
Today we will continue to get you acquainted with core mathematics for Forex traders. In the first part of the article we considered a number of important but simple mathematical formulas, required for assessment of trading efficiency in the Forex currency market. In the second part we will complete the review, which would help you […]
Intraday trading is one of the most popular types of trading, where a trader opens and closes trades within one trading day. Thus, a trader controls his open positions within the intraday trading strategy and doesn’t transfer trades to the next day. Traders actively apply intraday trading in the Forex currency, futures and stock markets.
The market profile trading becomes more and more popular among traders nowadays. The Auction Market Theory (AMT) lies in the basis of the market profile. We already discussed the market profile subject when we wrote about horizontal volumes and about how to improve trading using the market profile. Let’s continue elaboration of this subject.
We found this brilliant definition in one of the fundamental analysis textbooks. Fundamental analysis is what traders do not see on the screens of their terminals and in the charts. In this article we will discuss why traders need what they do not see and how the invisible hand of fundamental analysis influences price movements. What […]
In our previous articles, which you can read here and here, we already conducted several experiments on application of a rich arsenal of the ATAS platform in order to increase profitability of trading by standard Forex strategies. Let’s continue this topic. In this article we decided to analyze only one Forex strategy. It is called […]
Mathematics has never been a strong point for many people. That is why, when they come to the Forex market, the only thought about using mathematical formulas in trading makes them terrified. n the first part of the article we will tell you about mathematical formulas, which any Forex trader should know and understand. The […]