Archive for the ‘Market Trend’ tag
Five Fatal Flaws of Trading
By Jeffrey Kennedy
Close to ninety percent of all traders lose money. The remaining ten percent somehow manage to either break even or even turn a profit – and more importantly, do it consistently. How do they do that?
That’s an age-old question. While there is no magic formula, one of Elliott Wave International’s senior instructors Jeffrey Kennedy has identified five fundamental flaws that, in his opinion, stop most traders from being consistently successful. We don’t claim to have found The Holy Grail of trading here, but sometimes a single idea can change a person’s life. Maybe you’ll find one in Jeffrey’s take on trading? We sincerely hope so.
New Independent Investor eBook Has 6 New Chapters!
Dear Investors & Traders,
The old adage says, “you are what you eat,” and today we’re offering you a heaping portion of brain food.
At long last, the mainstream media is beginning to question buy-and-hold investing – it’s a myth that EWI’s original Independent Investor eBook debunked years ago. Even the “Efficient Market Hypothesis” has come under fire from the Oracle of Omaha himself – the Independent Investor long ago exposed EMH for the fantasy it is.
What’s the U.S. Dollar’s Next Move?
This video features Elliott Wave International Senior Currency Analyst, Jim Martens, using Elliott wave analysis to forecast the U.S. dollar’s near-term moves.
Now through May 20, you can access all of Elliott Wave International’s intraday and end-of-day Forex forecasts completely free. Access EWI’s FreeWeek.
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About the Publisher, Elliott Wave International
Founded in 1979 by Robert R. Prechter Jr., Elliott Wave International (EWI) is the world’s largest market forecasting firm. Its staff of full-time analysts provides 24-hour-a-day market analysis to institutional and private investors around the world.
Five Forex Trading Commandments
Most would-be forex traders quickly fail.
Here are five forex trading commandments that you should use. These are proven to help forex traders survive and thrive in the market.
1. Trade an effective system
Firstly, an effective trading system is a must when it comes to successful forex trading. A good trading system provides the trader with signals showing when to enter and exit positions. It should have a positive expectancy, which means that on average, it should make money. Remember to test your system against live and historical data before trading with it.
Having an efficient trading system gives the trader a fair chance to win in most of his trades and minimizes losses.
