Showing posts with label taming. Show all posts
Showing posts with label taming. Show all posts

TAMING A HOSTILE MARKET - forex currency trading books

Wednesday, April 13, 2016

TAMING A HOSTILE MARKET ~ forex currency trading books



Every day you get up to face a hostile market where the odds are stacked against you.......

How do you Win in the face of such odds ??????????..........

You educate yourself, you practice, you practice and you practice more on your demo and never quit until all of the nonsense and backwardness of the market makes sense enough to where you are consistently profitable........

The Financial Markets are the Biggest most advanced Chess Game in the world, with some of the Richest and Savvy people on the planet as its players.

When you are first introduced to the financial markets what you see is all of the money you can make quickly, and all of the luxuries attached to conquest.........

What you dont see is the education and hours of dedication and study that the Pros put into making this look effortless. It is by no means effortless, but is put on like a very well rehearsed play and in many instance the Actor before you has gone broke many times, but just never gave up, or the smarter Actors got a good education from the ones who went broke first.

If you find a Pro who is willing to spill her/his guts, learn everything that person has to teach even when it is repetitive, because there is a reason that teacher is stressing that point. Trading is simple with the right tools, foundation and education. You can not build a Major Highway with a hammer and nails, YOU MUST have the right tools to accomplish this. If you get a Bull Dozier, some Dump Trucks, some engineered plans etc......., then your chance of success is much greater than it would be with a hammer, nails and an idea.

With the vision, YOU MUST possess the RIGHT TOOLS. What is absolutely essential for your success is constant education and your charts are the best, most accurate teachers and they will shower you with a wealth of information if only you spend time with them listening to their wisdom........

A good start to success in the market is to understand Price action; what price has done in the past, what it is doing now and where it may be headed. You can begin this journey by picking up Steve Nisons Candlestick book at your local library, master your trend line, master your knowledge of support and resistance. If after mastering these great market jewels, you feel that you need more, then you can then add additional tools with confidence........

The market is like a treasure hunt and the one who has the best map will possess the Treasure.......Education, Education and Education!!!!!!!!!!!!

Education is the Highway out of poverty, and a MASTER KEY to success!!!!!!!!


YOU CAN DO THIS (^_^)

Get 10 Trading Lessons FREE
http://www.ino.com/info/447/CD4033/&dp=0&l=0&campaignid=6




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RESISTANCE DROP - forex trading course book

Saturday, April 9, 2016

RESISTANCE DROP ~ forex trading course book


Resistance is a powerful word, but in the market it can mean the end of a long climb up the latter of a successful bullish run. Points of resistance arent necessarily concrete, think of them more as a tightened rubber band that if you push into it to hard, it can send you plummeting very quickly.

Resistance is what it implies, a possible push against current price action. There are two correct responses you can have at a resistance, turn back (with a proper candlestick confirmation), or wait to see if the resistance is overcome, You never want to go head on into resistance because chances are you will get your butt handed to you. The other thing you dont want to do is automatically turn back without a little push. YOU DONT ALWAYS WANT OR HAVE TO BE IN THE MARKET. There are times when you need to be on the sidelines in observation mode; at a point near resistance is one of those times. Trying to break resistance is like trying to run over a locomotive on a bicycle. You cant do it!! Your best option at resistance is to rest to see either the strength or weakness of your price action. Whether price is successful at demolishing or chipping away resistance or does a turnabout, wait until it makes a concrete decision before following. NOTE: wherever price leads, follow until you get a signal that it is no longer safe to do so, or until you have had your fill of a nice fat profit.



Let other traders jump in front of the locomotive to slow it down; DONT YOU DO IT! Save yourself and wait until it is safe. Resistance points can either be safety zones put in place to help you protect your profits or the force and authority to crush you if you try to cross the line. When you come to a resistance point it means STOP!!!!, DO NOT PROCEED WITH CAUTION it is a RED LIGHT, when it is green, proceed with caution because there are times when price will break resistance only to fall back limp under the weight of the break through triumph.

This is not rocket science.

YES, YOU CAN DO THIS (^_^)

PRACTICE, DRILL, and REHEARSE ON YOUR DEMO!!!!!!!!!!!!
EDUCATION, EDUCATION, EDUCATION


Get 10 Trading Lessons FREE
http://www.ino.com/info/447/CD4033/&dp=0&l=0&campaignid=6


More info for RESISTANCE DROP ~ forex trading course book:
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