Our team at Trading Strategy Guides has already covered the topic about trend following systems here: MACD Trend Following Strategy- Simple to learn Trading Strategy as well as the basics of support and resistance here: Support and Resistance Zones – Road to Successful Trading .
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3) I would purchase a “Touch” option in the Touch/No Touch trade type as my preferred trading option, picking a point between current prices and the % retracement point.
I could easily say that the best strategy is a price action strategy, and that may be true for me, but it would not be right for you because you might not be able to trade as many hours or at the same times as me. That is why to find the best trading strategy it must be custom built for each person.
In mid-1983, Richard Dennis put an advertisement in the Wall Street Journal stating that he was seeking applicants to train in his proprietary trading concepts and that experience was unnecessary. In all he took on around 21 men and two women from diverse backgrounds. The group of traders were shoved into a large sparsely furnished room in downtown Chicago and for two weeks Dennis taught them the rudiments of futures trading. Almost every single one of them became a profitable trader, and made a little fortune in the years to come.
However, … if you’re a scalper, then this wouldn’t be an ideal platform for you due to the “retail” spreads you’re paying. But if you’re a swing or position trader, this platform would do just fine.
A demo account is intended to familiarize you with the tools and features of our trading platforms and to facilitate the testing of trading strategies in a risk-free environment. Results achieved on the demo account are hypothetical and no representation is made that any account will or is likely to achieve actual profits or losses similar to those achieved in the demo account. Conditions in the demo account cannot always reasonably reflect all of the market conditions that may affect pricing and execution in a live trading environment.
Despite positive earnings reports, Activision and Twitter stock charts show bearish signs. More technical analysis on Yelp, Expedia...
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As with any automated system, it’s important to perform your due diligence and assess the potential costs and benefits of using bots for financial transactions before getting started.
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247 Options is regulated by Cyprus Securities and Exchange Commission (CYSEC) as well as American Financial Services Commission (FSC).
TradingView allows reposting trading ideas to StockTwits, the Twitter-like platform of financials. Yet, here is why the integration...
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