One of the most important components of a successful trading plan consists of a comprehensive money management structure. Money and risk management make up two of the prime ingredients for success in the Forex trading. Even the best trading strategy in the world will fail to make you money in the long run without a […]
Market Entering and Direction Perhaps one of the most important lessons in trading involves knowing when to get into the market and initiate a trade. Along with knowing when to get out of a trade, making good decisions about when to enter into a trade makes up a large percentage of the success of any […]
Elliott Wave Theory was originally developed by Ralph N. Elliott to analyze the stock market which he believed moved in repetitive cycles rather than randomly. Elliott postulated that these cycles arose from the complex operation of mass market psychology and that they created patterns which could be discerned and used to predict future market price […]