Using Trader’s Pivots?
Does anyone WHO ACTUALLY TRADES with REAL MONEY (preferably commodities and futures) use floor trader pivots? The pivot is roughly calculated by taking the high, low, and close and dividing it by three right? How are the supports and resistance level calculated from there? Also, what time increments are you watching while in a trade [...]
Why the 95% of Forex traders loosing money instead of making money?
Im studying Forex, and i have the practice program 5 days now, im reading and daily i make virtually almost 4000$ and im loosing more than i make.
So, my humble logic says, learn more, and learn to make only the good trades and not the bad ones.
So, I read books, online stuff etc etc, in [...]
Need Help on MetaTrader4 Far As Forex Trading?
Last Friday, I have money invested in Dollar VS Euro. I choose dollar over Euro because of the average indicator and other technical indicator showing that the Euro currency is weakening.
I put 0 on Sell in US/Euro, the Euro value went against me and I have about -0 in my current trade. However, I figured [...]
how can I find a proficient day trader who will show me the ropes?
I figure most guys who sell advice aren’t making any money, so they have to sell books or CDs. The guys making the money are too busy trading to share their expertise. Also, why would they want to let the world in on their secrets?
You can’t always rely on perceived wealth as [...]
Day trading SPY options: How can I do this better? (Long question)?
(Note: I have real money experience with options going back to 2000, first covered calls in my IRA and then long calls in my cash account though no day trading experience with real money. I have the 25K to park in an account to satisfy the pattern day trader rules and another 10K to make [...]
