Tuesday, June 12, 2007
Can you tell me more about day trading and forex trading? -
please check out babypips.com it actually gives you an education on forex Learn it from the proven methods. http://automaticforextrading.blogspot.co... Go to a library or bookstore. Then if there s something you don t understand, ask a question. For a forum like this, you really need to be more specific. its just Time Varying differences Day Trading is a kind of trading style which trader trade within daily range. forex trading can be classified as day trading if you trade in a DAILY time frame. so its depend on the time frame of your trading. Beginner traders often fantasize or wonder about how some people are able to achieve tremendous profits by trading stocks just a few hours on a daily or weekly basis. So going beyond the hype amp; the bells and whistles that a lot of the so called quot;trading gurusquot; like to invoke, the real quot;secretsquot; of the stock market game are enclosed within the trading set ups and market signals you rely on to decide how to CHOOSE stocks, as well as WHEN to BUY amp; when to SELL them, or even when to SHORT SELL those that are poised for a profitable fall. So the clearer your set ups are, the faster you can spot a potentially profitable trading scenario and ACT ON IT reducing your risk. Complicated technical systems and information overload can make you slow and confuse you right from the start, making you loose money instead of making your profits grow. In essence, You can be sure that the trading method you employ to approach the stock market and pick stocks can make a big difference in your results as a trader. In order to succeed you will need to FOCUS on a set of simple trading strategies that you can implement without hesitation. Fortunately some sites on the web do offer more effective and updated day trading methodologies. One of those sites that can show you how to take advantage of certain stocks on positive and negative momentum as well is http://www.MomentumStockPick.com They focus on momentum stock trading strategies, that are practical and easier to apply than many other technical systems out there. Stock trading doesn t have to be complicated as many people perceive. But you do need to follow a well organized set of strategies and tactics, that once you master them, you can aspire to replicate profitable trades with consistency. sxy ldy, Forex trading means trading Foreign currency. It will be very difficult to tell you everything in an answer because it is rather complicated. Actually I m new to forex trading too... and I thought that it is easy to earn money... and, I lost 1/3 of my money in first week. After that I decided to get some knowledge in forex trading by attending some courses or seminars. Yesterday, I have just finished a free 7 days Forex course provided by a Forex mentor called Greg Morris. The course is very useful and informative, covering step-by-step explanation on what is Forex to basic analytical skills. I think that I have gained a lot from the free course. I would suggest you to attend the free course if you want to gain some knowledge on Forex trading. :) Yuki
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