http://www.wizardoftrading.com/wp-blog Learn to trade with our stock market tutorials and day trading systems and methods. Mon, 18 Feb 2008 13:04:28 +0000 http://backend.userland.com/rss092 The presented article covers one of the most important (in author’s opinion) aspects of trading in general and Forex trading in particular - managing of orders and positions. This includes choosing entry points, making decisions about exit points, stop-loss and take-profit of the trader. I hope this article will help ... http://www.wizardoftrading.com/wp-blog/index.php?p=22 You might look at the stock prices at the bottom of your television screen or, if you are trading currencies in the forex market, you might look at the exchange rates go up and down your computer screen. Prices move and you wonder whether their behaviour means something. Could the ... http://www.wizardoftrading.com/wp-blog/index.php?p=21 It is not too long ago when veteran traders used to draw trend lines using pencil and paper. Market data was sent by physical mail to them and there was no computer and trading desk. Were they really not able to perform by not using super analytical charting platforms? Were ... http://www.wizardoftrading.com/wp-blog/index.php?p=20 One of the cardinal rules of Forex trading is to keep your losses small. With small Forex trading losses, you can outlast those times the market moves against you, and be well positioned for when the trend turns around. The proven method to keeping your losses small is to set ... http://www.wizardoftrading.com/wp-blog/index.php?p=19 Anyone who is serious about trading needs to have a Forex Trading System that is tailored to them, but there is no reason to start constructing your Forex trading system from scratch. Why try and reinvent the wheel when you can benefit from other traders years of experience and borrow your ... http://www.wizardoftrading.com/wp-blog/index.php?p=18 Yesterday the DOW fell over 100 points and the S&P fell 14 as the market has had its first encounter with resistance(the 1/3 retracement level and December lows) since it bottomed the other week. Today futures are in the red as I write this, with S&P 500 futures down 5. ... http://www.wizardoftrading.com/wp-blog/index.php?p=17 The presented article covers one of the most important (in author’s opinion) aspects of trading in general and Forex trading in particular - managing of orders and positions. This includes choosing entry points, making decisions about exit points, stop-loss and take-profit of the trader. I hope this article will help ... http://www.wizardoftrading.com/wp-blog/index.php?p=16 Maximum Profit Targets This lesson we are going to work out the best way to take maximum profits from a position long or short. Many traders know how to get into a position but are often uncertain when they should get out. In our last lesson we discussed Fibonacci levels ... http://www.wizardoftrading.com/wp-blog/index.php?p=15 A week or so I told you about Marks Forex a new forex web site that rocks. Anyway I have been checking it out every few days and going through the articles. I would say that there are atleast 8 out of 10 that are up there with the best. ... http://www.wizardoftrading.com/wp-blog/index.php?p=14 I downloaded your books and information a few minutes ago. There are just two words that I have for you. Number one…WOW! So much for so little! What an impressive purchase. Number two…THANKS! I am still saying word number one over and over to myself. I will be doing a lot of reading and a ... http://www.wizardoftrading.com/wp-blog/index.php?p=13 Interbank Currency Trading Over the last three decades Interbank Currency Trading, has become the world’s greatist financial market. With over $1.5 trillion USD traded daily, and by the year 2007 more than $8.0 trillion will be traded every day. Forex is part of this bank-to-bank currency market known as the 24-hour ... http://www.wizardoftrading.com/wp-blog/index.php?p=12 It is not often that I get to give our readers a totally complimentary course, but today you are in luck. I have managed to talk Quantum Futures into giving our readers a full Fractal’s Edge Trading System (value $197) without it costing you a dime. They are using this system to trade all the ... http://www.wizardoftrading.com/wp-blog/index.php?p=11 Why Does Trend Following Work? What we’ve got here is failure to communicate. Some men you just can’t reach, so you get what we had ... http://www.wizardoftrading.com/wp-blog/index.php?p=10 Ad: Stop Making the Same Mistakes and Change the way you Trade Forever. Read this Tutorial …… http://www.wizardoftrading.com/wp-blog/index.php?p=9 Those of you who have been trading for a while will be familiar with Pivot Points. During this lesson I want to go over how to find a Pivot Point and also a slightly different method of using them. First let’s look at how you calculate a Pivot Point. Using a ... http://www.wizardoftrading.com/wp-blog/index.php?p=8 Inside days can be very profitable if traded correctly. First of all it is necessary to identify an inside day. At the close of the market you are following take a note of the high and low for that day (day two). For it to qualify for an inside day the ... http://www.wizardoftrading.com/wp-blog/index.php?p=7 History Relative Strength Index was developed by J.Welles Wilder Jr. and introduced in his book ‘New Concepts In Technical Trading Systems’. It is one of the most popular technical tools around. Relative strength Index (RSI) is measured on a scale from 0-100 with a reading above 70 being overbought and ... http://www.wizardoftrading.com/wp-blog/index.php?p=6 History Relative Strength Index was developed by J.Welles Wilder Jr. and introduced in his book ‘New Concepts In Technical Trading Systems’. It is one of the most popular technical tools around. Relative strength Index (RSI) is measured on a scale from 0-100 with a reading above 70 being overbought and ... http://www.wizardoftrading.com/wp-blog/index.php?p=5 History George Lane was the originator of the sochastics in the 1970’s. Lane observed that as prices increase in an up trend, closing prices tend to be closer to the upper end of bars and in a down trend closing prices tend to be nearer the lower end of bars. Lane ... http://www.wizardoftrading.com/wp-blog/index.php?p=4 Pivot Points Those of you who have been trading for a while will be familiar with Pivot Points. During this lesson I want to go over how to find a Pivot Point and also a slightly different method of using them. First lets look at how you calculate a Pivot Point. Using ... http://www.wizardoftrading.com/wp-blog/index.php?p=3