Trxdes
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| Joined: 21 Sep 2010 |
| Total Posts: 6647 |
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| 18 May 2015 01:01 PM |
Trading is an active style of participating in the financial markets that seeks to outperform traditional buy-and-hold investing. Rather than seeking profits from long-term uptrends in the markets, traders look for short-term price moves to profit in both rising and falling markets.
Approaching trading as a business is vital to success because trading is a business. A successful trading business requires a strategic plan that covers your actual business and your actual trading. Your business plan will include things like short and long-term goals, the amount of capital you have available for the business and how you will set up your office. You trading plan includes the details of trading: what you will trade and how you will trade it. Your plan should be so objective and concise that you could hand it over to another trader and they would be able to execute it exactly.
It’s important to understand that your trading plan is not simply a set of rules that you think will work or a list of set-ups that you are somehow fond of, of someone else’s plan. A good trading plan is one that you have researched, tested on historical data, tested in a live market and evaluate at regular intervals.
Successful trading involves more than reading a few articles or books; you should plan on devoting a substantial amount of time and effort before ever placing a trade in a live market. All this research and time may sound daunting, but it is realistic and integral to becoming a profitable, independent trader.
For a guide to trading fundamentals such as charting, leverage and risk, see part two of our series. In this tutorial, we provide an introduction to help you get started trading,
I'm here to bring some positivity ( ͡° ͜ʖ ͡°) -gabbertje123 |
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ghzt
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| Joined: 27 Jan 2013 |
| Total Posts: 14987 |
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| 18 May 2015 01:02 PM |
Mexico’s traditional way of life can be seen in small villages and farming towns. At the center of each village is a plaza. People gather in the plaza to talk and hold weekly markets. Many people in Mexico’s rural areas live in poverty. Some homes have only one room and a dirt floor. Farmhouses often lack electricity and running water. Such conditions have forced many Mexicans to leave the countryside for urban settings. Cities offer more opportunities for employment, services, and education. Mexicans celebrate Independence Day on September 16. On that day they reenact Father Hidalgo’s call to rise up against Spanish rule. People also watch fireworks, dance, and play music in the streets until late at night. On November 1 and 2, Mexicans celebrate the Day of the Dead. The holiday honors loved ones who have died. At least once a year, each village also celebrates a fiesta with parades, games, and feasts. A fiesta usually takes place on a saint’s day. This is a day that honors the memory of a holy person. |
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IcyShock
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| Joined: 28 Jan 2011 |
| Total Posts: 6646 |
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| 18 May 2015 01:03 PM |
i saw all that text
and then i see massive text about mexican villages
ok that made me laugh |
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Trxdes
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| Joined: 21 Sep 2010 |
| Total Posts: 6647 |
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| 18 May 2015 01:06 PM |
Profiting a lot actually has to do with Mexican villages. Once you make enough, you can go to that village and hire cheap man to do your trading. Which will make you even more profit ;)
I'm here to bring some positivity ( ͡° ͜ʖ ͡°) -gabbertje123 |
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Trxdes
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| Joined: 21 Sep 2010 |
| Total Posts: 6647 |
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| 18 May 2015 01:08 PM |
Np guys
I'm here to bring some positivity ( ͡° ͜ʖ ͡°) -gabbertje123 |
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Play506
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| Joined: 07 Nov 2014 |
| Total Posts: 6 |
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| 15 Mar 2016 04:56 PM |
Thank you for doing this! It has really help me out to get the concepts of trading :3
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