Record the reading or the reading of every moment in a stock transaction is widely used by traders, institutional traders and protectionists.
It can help to see in real time, the current consensus on a stock.
Record the reading is to read the order books containing records of current bid and ask prices and their respective sizes.
Here is an example of a backlog
66 9737 9 9738
55 9736 11 9739
40 9735 35 9740
52 9734 40 9741
38 9733 16 9742
9737 is the best offer, 66 is that the size of the offer, ask for 9738 is the best, 9 is the whole question to ask.
Tape Reading is a great experience and practice to watch carefully every day to live in backlog for months and years.
It shows the price at which buyers are willing to buy the shares and the sellers are willing to sell.
The reading of the tape is difficult because the order flow is constantly evolving, more equipment is a liquid, the higher the price to ask prices and sizes are changing rapidly.
Many traders will tell you that not enough resources in the network or even books that talk about the bands playing, what is true and that is because the tape must be read by the learning experience.
But I found a nice article in the CBOT website that showcases the band reading, here's a link.
I found this a useful resource especially for beginners.
Consider Working With The Rules Of First Purchase
Suppose you want to build a trading system and you've already bought the rules, but always try to find the best selling rules that make your system more profitable. In order not to waste your time and make sure your purchase rules are correct, I suggest you work with a first exit after N days of sale rule, you can vary N to ensure that your system is profitable over different periods of detention. If you have found your system to be profitable if you came with a good buy rules and you can now start working on selling rules, stops ... If not, forget this system and start looking for another.A simple trading system that uses a set of procurement rules and a single exit after N days, will show you if you use the rules right buyer. A large percentage of profitable trades is very important that you should consider the system showed an increase in the number of profitable transactions.
Many times I ended up a trading system that displays the percentage of profitable trades over 65% and a negative development is the retention period of 5 days and then sell it after the change in principle, could improve this to 75 %, sometimes more and get a nice return.
It is not always the case, but more important to know is that it works with a weaker showing than the winner with a period of detention is a bad idea, unless your statement to see mainframe.
Many times I ended up a trading system that displays the percentage of profitable trades over 65% and a negative development is the retention period of 5 days and then sell it after the change in principle, could improve this to 75 %, sometimes more and get a nice return.
It is not always the case, but more important to know is that it works with a weaker showing than the winner with a period of detention is a bad idea, unless your statement to see mainframe.
Portfolio SC1 Update
No change in the portfolio this week SC1. I kept all my actions witch is CFK DXPE and PWEI.
The average performance of the portfolio last week was 3.91%, which is a good result, the performance indices of stocks has helped to achieve.
The value of this portfolio is currently $ 12 443, a gain of 24.43%, the biggest draw down I experienced when I run this portfolio with real money -11.51%.
The portfolio is running from 11/04/2005 and the annualized return is now 212.82%
The average performance of the portfolio last week was 3.91%, which is a good result, the performance indices of stocks has helped to achieve.
The value of this portfolio is currently $ 12 443, a gain of 24.43%, the biggest draw down I experienced when I run this portfolio with real money -11.51%.
The portfolio is running from 11/04/2005 and the annualized return is now 212.82%
How Pivot Points Of Negotiation?
The joints are commonly used operators around the world, theses lines to act as the floor trader is also used for them, they act as resistance and support.
Focal Point should be used in different periods, they can be used daily, weekly or monthly.
Here is a statement of claim pivot
R2 = P + (H - L) = P + (R1 - S1)
R1 = (P x 2) - L
P = (H + L + C) / 3
S1 = (P x 2) - H
S2 = P - (H - L) = P - (R1 - S1)
Where H is high, low L and C is near.
R1 is the initial resistance, the first support S1, S2 and second resistor R2 support.
With the exception of a pivot level view, there are other ways to the strength and support.
- Using the latest high and low
- Use of yesterday's high and low
- Use Fibonacci studies
- Using Pivot Woodie
The best way to trade the pivot point is to try increasing or decreasing pattern indicator for confirmation of when the stock is trading near the pivot point level.
Focal Point should be used in different periods, they can be used daily, weekly or monthly.
Here is a statement of claim pivot
R2 = P + (H - L) = P + (R1 - S1)
R1 = (P x 2) - L
P = (H + L + C) / 3
S1 = (P x 2) - H
S2 = P - (H - L) = P - (R1 - S1)
Where H is high, low L and C is near.
R1 is the initial resistance, the first support S1, S2 and second resistor R2 support.
With the exception of a pivot level view, there are other ways to the strength and support.
- Using the latest high and low
- Use of yesterday's high and low
- Use Fibonacci studies
- Using Pivot Woodie
The best way to trade the pivot point is to try increasing or decreasing pattern indicator for confirmation of when the stock is trading near the pivot point level.
Forex Trading Guidance
Forex trading is one of the dynamic development of the areas of retail sales in the last ten years, and a growing number of small buyers dabble in forex trading. Were acquired, improving the techniques of trading, the capital accounts to improve the Mini and price differences - do not put out the call of easy money.
But the currency is an asset class of dangerous and complicated to make money and new buyers are looking for help to go home currency bloc.
This forex help is necessary, because the higher levels of skill, time and experience he would keep the portfolio in forex trading, compared to traditional funds varieties (like stocks, bonds or real estate). The gains in the currency markets has created a quick recovery to quickly transfer costs and become agile in forex market definitely needs help forex.
Without foreign aid, to help you relax during the first stage completed, it will be difficult to achieve traction in the market and very well fall. It is useful to understand the basics of foreign money markets and moves the value, in addition to a wide range of complex terminology.
In fact, the full extent of any decently intelligent investor, but it means a commitment of time and money and get help from relevant foreign exchange.
There are a range of options you can probably take to update and probably no route could be useful in isolation - the precise mixture depends on the time you'll be able to take steps to get coaching, your preferences learning and budget. The crucial point is to reconcile with the fact that using exchange reaches a value, both time-sensitive and economically.
Of course, there are assets available online that are provided without charge, but it can give you a hand up minimum. To promote the entry itself, turning to an expert provider training foreign currency, using the finest provde exchange. Do not neglect the books forex strategy can be a wonderful help in foreign currency more items of superior quality.
Finally, it would be desirable to have a practical component for the exchange of their help, if possible without risking their capital in the process.
This can be easily obtained by subscribing to a free trial or demonstration system, foreign exchange and suppliers are eager to see the newcomers and their techniques you can put your virtual money for use in currency trading with a safety harness. Once the virtual network earnings, you are able to remove it.
But the currency is an asset class of dangerous and complicated to make money and new buyers are looking for help to go home currency bloc.
This forex help is necessary, because the higher levels of skill, time and experience he would keep the portfolio in forex trading, compared to traditional funds varieties (like stocks, bonds or real estate). The gains in the currency markets has created a quick recovery to quickly transfer costs and become agile in forex market definitely needs help forex.
Without foreign aid, to help you relax during the first stage completed, it will be difficult to achieve traction in the market and very well fall. It is useful to understand the basics of foreign money markets and moves the value, in addition to a wide range of complex terminology.
In fact, the full extent of any decently intelligent investor, but it means a commitment of time and money and get help from relevant foreign exchange.
There are a range of options you can probably take to update and probably no route could be useful in isolation - the precise mixture depends on the time you'll be able to take steps to get coaching, your preferences learning and budget. The crucial point is to reconcile with the fact that using exchange reaches a value, both time-sensitive and economically.
Of course, there are assets available online that are provided without charge, but it can give you a hand up minimum. To promote the entry itself, turning to an expert provider training foreign currency, using the finest provde exchange. Do not neglect the books forex strategy can be a wonderful help in foreign currency more items of superior quality.
Finally, it would be desirable to have a practical component for the exchange of their help, if possible without risking their capital in the process.
This can be easily obtained by subscribing to a free trial or demonstration system, foreign exchange and suppliers are eager to see the newcomers and their techniques you can put your virtual money for use in currency trading with a safety harness. Once the virtual network earnings, you are able to remove it.
Introduction
What is Forex?
Forex is an abbreviation of foreign exchange markets. If you buy one currency against another (exchange). Its business, no matter what people say. It includes the purchase and sale like any other activity difference is only the medium is the currency.
How to Trade Forex?
The idea behind the trading is taking advantage of the price difference. In other words, buy when the price is low and sell when the price is high. It's like the item you buy at the store, the store is selling at a higher price for profit, except in the Forex, you can sell initially at a high price and buying later when the price is low.
When to buy and sell?
Logically you sell when the price is down, and you can buy when the price rises. It's simple but in practice this is what kills most traders. Something so simple can be so complicated.
How to know when the price goes down / up?
The price is down, when you cease to make new highs. The price is increasing, when you cease to make new low.
Final advice
Forex is a human activity. It includes the purchase and sale. Because this is a human activity, is not predictable. You can not predict when it's time to go to the bathroom, or if you're going to cut your hair. It 's all based on the situation. The forecast is for a declaration intelligence Forex. They do not need.
Fortunately, not everything is unpredictable. The natural tendency of humans to follow what others are doing. In Forex there is something called Trend. This happens when a lot of people do the same thing at the same time (follow?). when people buy more, you buy. When people are increasingly selling what you sell.
Do not be greedy. Set reasonable goals for each trade and exit when you get your goal. There will always be another trade tomorrow and you do not have to act every day to earn money. Btw, last week I only trade once.
Good luck to you all operators. In order for new blood, it takes time. Give it two years before they can understand and go kill.
Forex is an abbreviation of foreign exchange markets. If you buy one currency against another (exchange). Its business, no matter what people say. It includes the purchase and sale like any other activity difference is only the medium is the currency.
How to Trade Forex?
The idea behind the trading is taking advantage of the price difference. In other words, buy when the price is low and sell when the price is high. It's like the item you buy at the store, the store is selling at a higher price for profit, except in the Forex, you can sell initially at a high price and buying later when the price is low.
When to buy and sell?
Logically you sell when the price is down, and you can buy when the price rises. It's simple but in practice this is what kills most traders. Something so simple can be so complicated.
How to know when the price goes down / up?
The price is down, when you cease to make new highs. The price is increasing, when you cease to make new low.
Final advice
Forex is a human activity. It includes the purchase and sale. Because this is a human activity, is not predictable. You can not predict when it's time to go to the bathroom, or if you're going to cut your hair. It 's all based on the situation. The forecast is for a declaration intelligence Forex. They do not need.
Fortunately, not everything is unpredictable. The natural tendency of humans to follow what others are doing. In Forex there is something called Trend. This happens when a lot of people do the same thing at the same time (follow?). when people buy more, you buy. When people are increasingly selling what you sell.
Do not be greedy. Set reasonable goals for each trade and exit when you get your goal. There will always be another trade tomorrow and you do not have to act every day to earn money. Btw, last week I only trade once.
Good luck to you all operators. In order for new blood, it takes time. Give it two years before they can understand and go kill.
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