Now, when you are familiar with The 2/1 Rule, The 5 Percent rule and understand the Trading Self Check importance, the Professional trading will proceed with the Trend analysis.
It’s always important to understand what is the direction of a market raw – is it going up or down is on the consolidation stage.
Trend analysis
Have a look at a sample of a week chart reflecting the USD to Japanese Yen within a period from 2007 till 2008. Several technical...
The 2/1 Rule
On July - 20 - 2009
Having considered Professional trading as competency of Trading Self Check and various ways to diversify (Ultimate investment: currency vs. gold) we have approached the question of technical aspects of trade. The forst of them is The 5 Percent rule.
Another popular and effective technology of risks management is the 2/1 rule. This correspondence of 2 to 1 means a wise proportion of the risk and opportunity and is as well known as the income marker....
The 5 Percent rule
On July - 19 - 2009
Speaking about Professional trading we considered such questions as forex history, Trading Self Check and various ways to diversify trading portfolio (read more Ultimate investment: currency vs. gold, Ultimate investment: immpbile property vs. forex, Ultimate investment: clothes or bank)
Let’s have technical practice and consider several successful trading moments, starting with the risk management.
The risks management is probably the most burning...
Professional Trading: Back to the Past - 3
On July - 18 - 2009
Professional trading means understanding of forex history, constant Trading Self Check (read more Ultimate investment: currency vs. gold, Ultimate investment: immpbile property vs. forex, Ultimate investment: clothes or bank)
August 1998: The Russian Ruble devaluation, default.
The 1997 and 1998 years were remarkable for two happenings that attracted the traders’ attention. The first was the Asian market currency crisis that started with the Russian...
Professional Trading: Back to the Past - 2
On July - 16 - 2009
Professional trading requires thorough understanding of the market basics, the ability to do constant Trading Self Check and making the right decisions, as for doing forex or diversifying the investments portfolio (read more Ultimate investment: currency vs. gold, Ultimate investment: immpbile property vs. forex, Ultimate investment: clothes or bank)
September 1985: The Global 5 countries adopt the Plaza Accord agreement about the USD devalvation...
