im kinda looking for a "face-to-face trade"
or yo ucould help by leaving info on what are good trade items for a dmoc
Well if you wanna work out a non face to face trade I have 3 for trade. Email me.
http://ftse100trading.info
1st in the world to offer trades solely on the FTSE100 and still going strong along with the trading profits.
Duration : 0:9:40
What are the best tools and strategies that work for you??? I’ve been trading with paper money for about a month now and have had some success as well as some losses. I wanted to get some opinions from people who are successful at it. Thanks…
there are many ways to trade markets successfully. i trade stock index futures due to high liquidity and small spreads although they are not the easiest markets to predict. the idea is to exit a trade quickly if it turns out that the market moves differently than you anticipated. this should not happen a lot. on a profitable trade let it run until the direction starts to change. as a result your winning trades should make you much more than your losing trades cost you.
i don’t like day trading stocks or options due to inferior opportunities.
i use relatively few indicators as they are always late in their signals. i try to anticipate markets but i do use some oversold/undersold indicators to help me determine what may happen next. i feel a good trader could make money consistently with no indicators at all.
you need to be a consistent winner paper trading before you risk real money. the better you understand the markets that you trade the less you will need indicators. you will need to learn how to pick your entry points as well as your exits points and be right most of the time. patterns repeat themselves and you need to recognize them early. i like to enter a trade when i feel the odds favor a move. you must be very disciplined in your trades.
there is more i could say but this will get you started. usually the successful traders have studied the markets for years before they are able to be consistantly profitable.
I am trying to save up £10,000 and I’m interested in trading CFDs with it as I have an interest in them and I’m currently reading about them. What I’d like to know is if its possible to make a living doing this, or just turn the £10,000 into a fat sum to live off of, say £250,000?
Trading CFD’s is essentially making bets on directions, with high leverage. As trading is 90% about conserving capital, it seems to me that CFDs are something to stay away from, as a beginning trader.
A better area to start would be swing trading: trading stock and index movements that play out in a few days.
Dr Alexander Elder Trading for a Living Audiobook
http://www.amazon.com/Trading-Living-Psychology-Tactics-Management/dp/0471592242
Duration : 0:6:37