Tight Spreads: Look for competitive spreads. This is the difference between the bid and offer and is measured in pips. This is what it will costs to enter a trade, since it is not possible to buy on the bid or sell on the offer in the Forex market. Forex brokers are usually tied to
If you are trading using the same moving averages and stochastics indicators as everyone else, maybe it’s time to take a look at some of the revolutionary tools in Wave59. For example: The 9-5 Count – tracks price cycles (not time cycles) to determine future turning points. When a price cycle ends, the market makes
Legendary investor Warren Buffett is the CEO of Berkshire Hathaway. Born in 1930 in Omaha, Nebraska. His father, Howard Buffett was a stockbroker. Listed as the world’s richest man by Forbes magazine in 2008 with an estimated fortune of $62 billion. Sometimes referred to as ‘the oracle of Omaha’ Buffett follows a value investing strategy,
By Earik Beann ©2008, Reprinted with permission of Traders World Magazine (www.tradersworld.com) One of the things that you come to realize after studying Gann for even a short amount of time is that he never actually put down the tools he used to trade markets. So he would describe a general method of looking at
Here are nine important concepts you must take into account when practicing options trading in a virtual account