Forex Day Trading and Scalping Systems

Forex Day Trading and Scalping Systems - A Great Way to Wipe Your Trading Account Quickly

I see day traders and forex scalpers selling trading systems online claiming profits but look at the track record closely and you will see, there not real at all - In fact they have never been traded and the profits are paper ones - they all have this disclaimer on them....

"CFTC RULE 4.41 - Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown".

Umm, so they all have the above on which means, they have never been traded in the brutal hard world of forex trading and of course, trading without knowing the prices ( rather than simulating backwards knowing them) is the real world of trading and much harder.

Day trading doesn't work however marketing organizations create great copy to sell the concept and the naïve or lazy trader, thinks he is going to make a regular income, with 90% accuracy etc.

He sits back with a cold beer and thinks he will never have to work hard again, of course he gets rewarded but - with an equity wipe out.

When I was a broker, we loved day traders - why?

As you probably know most brokers take the other side of the trade, so they win when the client losses.

No day trader EVER won when I was there and I saw maybe 20,000 client accounts. Also, the other myth is forex brokers hunt day traders stop - nope. They don't need to bother, the day trader always has his stop within normal random volatility so the market takes him out, the broker doesn't need to help.

So why doesn't day trading work?

Think about the huge mass of people who trade each day and they all have different skills, trading systems, and aims and to think, you can work out what this diverse group, of emotional beings is going to do, in a few hours is futile and dommed to failure.

All volatility is random in daily time frames so how on earth can you get the odds on your side?

You cant - so don't attempt it.

If you want to win at forex trading, learn how to trade longer term and you will find the data helps you calculate the odds and gives you a chance to win and win big gains.

If you want to win at forex trading, you need to trade the odds - so forget day trading and scalping, trade longer term and enjoy currency trading success.

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Commodity Trading Involves High Risk With High Reward

Commodity Trading Involves High Risk With High Reward

Commodity trading is the buying and selling of contracts of items that we use everyday. It is the trading of primary or raw products. Some of the items traded in the commodities market include such common, everyday items as: soy beans, cotton, orange juice, cocoa, sugar, wheat, corn, barley, pork bellies, milk, feedstuffs, fruits, vegetables, other grains, other beans, hay, other livestock, meats, poultry, and eggs. Energy items that are traded on the commodity markets include oil, natural gas, electricity, and gasoline. The commodity speculators in the energy market were blamed for the recent price increase in the cost of gasoline at the pump.

Buying and selling commodities is very similar to buying stocks and bonds on the stock market but with much more risk. Since it is much more volatile, commodity trading is very speculative, involves a high degree of risk, and is designed only for sophisticated investors who are able to bear the loss of more than their entire investment. It is not for the investor with a weak stomach! However, commodity trading is a battle between return and risk. Because of the leverage involved, you can achieve a higher rate of return than from most other forms of investment, but at a higher risk.

Commodities trade on different markets than typical stocks. For example, most people are familiar with NASDAQ or NYSE (New York Stock Exchange) for trading stocks and bonds. But commodities are traded on the world market. A few of these places are the Chicago Board of Trade (CBOT), the New York Board of Trade (NYBOT) (these two exchanges trade much of the grain and agricultural commodities), the Chicago Mercantile Exchange (for livestock and meat), the New York Mercantile Exchange (NYMEX) for energy, and the London Metal Exchange for precious metals like gold and silver.

Since it is so risky and speculative, many investors shy away from investing in commodities. However, it can be a very lucrative way to make money if you have the stomach for its wild ups and downs.

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Simple Tips For Triple Digit Profits Any Trader Can Use

Forex Trading Profits - Simple Tips For Triple Digit Profits Any Trader Can Use

If you want to make big triple digit profits in forex trading, these simple tips will help you even if you have never traded forex before...

Here we will give you the basis of a simple forex trading strategy which is simple to understand, can be implemented in just 30 minutes a day or less. There is a big misconception in forex trading that you get rewarded for effort - you don't, you get rewarded for being right with your trading signal and that's it.

You also don't get rewarded for trading often in fact, this causes most traders to lose which leads me into the tips.

1. Trade Infrequently

Be patient, the big trends and high profit trades don't come around every day and you need to be patient. I know traders who trade about once a month and make triple digit gains, because they are so selective with their trades.

2. Learn to Trade Long Term Trends From Breakouts

It's a fact selling breaks to important new highs or lows on a forex chart, works as most trends develop from them. If you want to know more about breakouts, simply look up our other articles, it is one of the most simple and profitable ways to trade.

Focus only on the big trends which last for many weeks or months and forget short term trading. The reason for this is you don't have the risk to reward on your side and will lose.

3. Hit High Odds Hard and Don't Diversify

This will simply dilute your gains and on a small account and most traders don't have enough money anyway, to diversify properly. When you have a trade you like, focus on it and don't be tempted to take other trades on.

4. Risk 10 - 20% Per Trade

If you are trading a high odds trade you need to hit it hard, risk 10 - 20% of your equity on it and don't make the mistake most traders do, of trailing a stop within normal volatility.

Most traders get a profit, bring the stop right up, get taken out and then the trade goes back the way they thought and makes thousands or tens of thousands of dollars and their out. I have always maintained picking the long term trend is easy, entering it and staying with it, is the hard part.

Tail your stop slowly and outside of normal volatility, sure you give a bit back when the trend changes but you will get far bigger profits overall doing this. Keep in mind if you could get just 50% of every major trend you would be very rich.

Remember This to Win

In forex trading does not require you work hard, it requires that you work smart and get the right education. If you have a simple robust forex trading strategy, are selective with your trading and have the discipline to follow long term trends, you can make a lot of money and enjoy currency trading success.

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Easy Speculation and Proper Calculation

Stock Trading Community - Easy Speculation and Proper Calculation

The business of stock market is very difficult and sometimes it becomes quite complex to understand the move of market. You can not speculate the exact movement and direction of market and that is why people consider risk factor associated with the stock market before investing in it. Nowadays Internet has made it somewhat easy to understand the move of market because it has become the hub of people who are involved in this business. You can find some stock trading community here which can make the business a little bit easy.

In fact a stock trading community can be considered as the most important trading community all over the world. These days major global ventures are controlled by this community and with the advent of Internet, stock trading has become easier. The community has ended the era when a trader had to make multiple calls to get the quote from the brokers. Now a person sitting at his home or office can watch his performance and growth at the stock market. Stock trading community is providing convenience and that is why it is growing massively. All aspects of trading like buying and selling of stocks, products, bonds, mutual funds etc. are performed online .

The contemporary 'Day Trading Stocks and Indices' is the result of stock trading community only. You might know that Day Trading refers to buying and selling of stocks or securities within the same day. Some of the other trades generated by this community are betting trade and forex trade. Brokers are the mediators here who carry out the process of trading between the participating investors and they make the necessary arrangement for buying or selling of commodities. They also provide assistance to traders. And traders use their computers to keep track at the brokers and stock market.

This is how the whole community works together and minimise the risk associated with the stock trading. So, if you are interested in stock market, if you want to invest there and if you want to make the good speculations then take the assistance of stock trading community. It makes the online trading very convenient.

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Swing Trading For Beginners

Swing Trading For Beginners

The swing trader is not looking to turn a profit in a day. He will hold a stock anywhere from three days to three or four weeks.

This trading technique is most suitable for people who do not have the time to dedicate to sitting in front of a computer to monitor the markets when they are open. Many traders who are novices find swing trading to be the style that they are best suited for.

Swing traders tend to pick stocks that are traded on the big three exchanges which are the NYSE, AMEX and NASDAQ. The reason that they stick with stocks traded on these markets is because they are the most actively traded markets so these stocks have the greatest chance of going very high or low in a given day. This means that the swing traders won’t have to hold onto stocks too long before making a profit.

Swing traders prefer to trade when the market is not in full bull market or in full bear market. Swing traders are poised to make the most profits when the market is relatively static. The swing traders will make money with short-term movements in the market.

As a swing trader, you will not make a lot of money with one trade. The profits will be aggregated from making multiple trades over a period of time. Swing traders will only buy and sell once the stock has reached its baseline, so that they could make their trade at the best possible moment to get the most bang for their buck.

A swing trader will attempt to earn a 10-15% gain on his investment, which makes it a viable strategy for beginners, but would also have enough profit potential to interest intermediate traders too. To make the most gains, swing traders try to sell their stocks as close to the upper or lower margins without jeopardizing their chance at missing the large gains. If a swing trader waits too long he runs the risk of the market turning around and he’ll wind up losing money instead of gaining.

With practice, a swing trader can learn to read the market indicators and avoid this from happening often.

The great thing about swing trading is that beginners find out pretty quickly whether their decisions to buy or sell have paid off, which can be an enormous incentive to continue. Swing trading isn’t as quick as day trading to see a return on your investment, but it also doesn’t require the attention to market conditions and details that is necessary for day trading to be successful.

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