There is no trader who can sit down in front of a screen each morning without a trading plan and tip to look at charts for trading, and make money constantly. Traders who always perform well have a trading plan. Make sure that your trade plan has definite rules. Below are few trading tips that [...]
Tag Archives: Analysis
Time Based Trading Part 2
All traders are on borrowed time not knowing that there is a disaster waiting to happen. Unless a right step is taken to prevent the impending disaster, the situation will be a disaster. The primary goal of trading should be to diffuse the bomb before it explodes causing damages especially in a time based trading. [...]
Back testing and Data Mining
Backtesting and Data Mining are techniques that are influential and worthy if we use them in the approved manner, however traders often exploit them. Therefore, we’ll also explore two common pitfalls of these techniques, known as the multiple hypothesis problem and overfitting and how to overcome these pitfalls. Backtesting is just the procedure of using [...]
Trade price analysis
Trade price analysis involves monitoring price action, in order to gain an insight into the short term sentiment of the market. Determining who is in control at that time – the bulls or the bears. And assessing how they’re likely to respond to changes in the market. Price analysis is much more than just watching for your favorite candlestick patterns.
Trading – Technical or Fundamental?
This learning process is for us to study about two different kinds of traders; fundamental and technical trader. For us to succeed as an online trader the differences need to be understood clearly. Both are different in their views in the methodology they use to evaluate the market trend. Though there is some binding, we [...]
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