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Stock trading and Market Profile The concept of Market Profile has been promoted most effectively by J. Peter Steidlmayer. In his excellent work 'Mind Over Markets', Steidlmayer explains why he thinks Market Profiling is so unique. I have found it useful myself, of course, and offer here a quick overview in case you find the topic stimulating.Central to Market Profile theory is the concept of the 'Value Area'. This is a contin. . .
Day Trading – The Ultimate Work-From-Home Job? Ever dreamt of giving up the daily grind? Want to strike out on your own and work from home, but don’t know what you could possibly do to make a living? Full time Nasdaq trader Harvey Walsh wondered just that, and now he asks “Is day trading the ultimate work from home job”?We’ve probably all had the same thought at some time or another, as we trudge off towards another day at work – the same w. . .
Forex Trading Best Practices FOREX, the term for the FOReign EXchange market, is an international exchange market where currencies from many different countries are bought and sold. Both long-term hedge investors and short-term investors that seek quick profits use FOREX. Trade reaches between 1 and 1.5 trillion US dollars per day. Needless to say, FOREX is a very lucrative market. Many wonder how to gain the most profits . . .
Example of a Profitable Transaction in FOREX. As it was mentioned earlier, there are TWO timeless rules of Investing in FOREX:RULE #1) ~ Cut your losers; let your winners ride.YOU WILL HAVE LOSING TRADES.We do. Every FOREX trader does. The key to being aconsistent, predictable, reliable trader is to, at the endof the day, add up more wins than losses. And, when you KNOW(based off your trading rules), without a doubt, that YES,indeed you ar. . .
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