Although everybody is behind trends and invests lot of money in IT-systems to identify them, most traders fail in the end.
How come that happens? Investors often forget the basic principles and tools in identify trading trends.
Having said that, it is not easy! Continue reading The key things about trading trends in the market that you did not know!
What do the world’s best Traders differently than the average investor? Can the average investor learn from the Trader Legends success stories and their systems used? What do the most famous Traders have in common that can be applied by the average talented trader?
Before we will give some insights on these questions let’s have a look at some of the most successful Trader Legends: Continue reading What do the world’s best traders teach us?
Do you believe that the perfect Trading System really exists? A very easy to answer question indeed!
Yes, it is really a no brainer. In today’s world, especially in the online one (I mean the Internet), there are thousands of trading systems offered to potential clients. From the very beginner to the very professional, there is something for everyone.
And everybody is convinced to sell the “holy grail” system to you. It is astonishing what performances all these systems are able to deliver. From 50 – 1000% p.a. everything seems to be possible. How can that be? Haven’t we all learned that the market is rational and is always right? Continue reading Is there a perfect trading system?
Many traders suffer from too much analysis.
They look at so many things that they can no longer see straight. When you end up over-analyzing the trade or the security that you want to trade, you eventually end up not trading at all, not because the trade was good or bad, but simply because you just don’t know what to make of it.
While on one hand it is good practice to look at all the possible angles of trading, it is definitely a problem when one begins to over-analyze things. When it comes to trading, it’s important to have a clearly defined trading plan. Continue reading Key to successful trading – Avoid analysis paralysis!