Traders Log » Articles

Forex: How to Trade News

TradersLog — Wed, 08 Feb 2012 09:32:17 +0000

By Kathy Lien, Director of Currency Research One of the most popular ways to trade forex is to trade economic data and news releases. Most people may have heard of the saying News Moves Markets. In the forex market this is particularly true because currencies are essentially confidence indicator

Catch a Falling Knife…

TradersLog — Tue, 07 Feb 2012 09:30:35 +0000

“How to buy bottoms and sell tops with confidence” Jason Alan Jankovsky FOREX Analyst & Trader Almost any trader with some experience has heard the trading maxim (or rule) “Don’t try to catch a falling knife…” It usually refers to buying a market falling in price and alludes to how

Are You Trading with the Right Stuff?

TradersLog — Wed, 01 Feb 2012 09:18:33 +0000

Successful Traders Possess Key Traits that Separate Them from the Herd By Matt Blackman, CMT Ever wondered if you have what it takes to be a really great trader? Your answer may be just around the corner. Famous commodities trader Larry Williams and his son, Dr. Jason Williams, who studied psychiatr

Trading Psychology: A Checklist Approach

TradersLog — Sat, 28 Jan 2012 18:31:09 +0000

The S&P 500 made significant gains in the first days of 2011, yet many market analysts and traders are bearish. The reasons vary and include worries about earnings or the economy but many feel that the market is headed for a fall. These bearish pronouncements seem to be business as usual. Last s

Testing Simple Strategies: MACD Works and Futures are Rewarding

TradersLog — Sat, 21 Jan 2012 11:23:24 +0000

Traders are fascinated by indicators. But just because something is interesting, logical or mystical does not mean it works in the market. Testing is needed to be sure the indicator adds value, and we will define value as improving profits. If an indicator beats a simple trend following strategy, it

Keeping a Trading Journal

TradersLog — Tue, 17 Jan 2012 17:27:02 +0000

One common trait among successful traders is the use of a Trading Journal. Many think a Trading Journal is nothing more than a log of transactions but an effective Trading Journal can help one evaluate and educate themselves on trading. A Trading Journal can help you determine your strengths, weakne

How Much Should you Trade When you Trade?

TradersLog — Tue, 17 Jan 2012 17:17:33 +0000

First off, let’s start off by looking at position sizing. Position sizing, in its most basic aspect, is the dollar amount being invested in any security on any trade. Every successful trader will have pre-determined rules for their trading account. Obviously, each individual position size will be

Indicators on Indicators: The Next Step in Analysis

TradersLog — Sat, 14 Jan 2012 11:03:20 +0000

Traders and analysts have been developing market indicators for decades. Many of these indicators are simply measuring the same idea in only a slightly different way since most indicators are based on the same limited amount of market information. For any given time frame, there are only four price

A Different Way To Own Gold?

TradersLog — Tue, 10 Jan 2012 14:34:05 +0000

With gold dominating headlines today, you might be wondering how to own the mysterious yellow metal. After 11 years of gains, many investors are beginning to understand the logic professed by gold bugs throughout this bull market. Once a decision to participate has been made, investors often fac

How to Profit from Market Retracements

TradersLog — Tue, 10 Jan 2012 11:29:34 +0000

What is your #1 job as a trader? A trader’s main job is to organize market information into an identifiable sequence, providing an edge. This edge is the result of a statistical advantage from a given set of trades over time. In this article we will look at how to… Determine an edge in the cont