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In this article we’ll cover a non-directional trading strategy that has been popular among banks and hedge funds, yet is lesser known among retail traders.
Forex and CFD brokers are now required by ESMA (European Securities and Markets Authority) to disclose the percentage of traders that lose money. Here are the stats from some of the largest forex and CFD brokers.
The London Opening Range Breakout is a strategy that is simple to understand and apply. It also has the appeal that it requires relatively little time to trade it, generating at most one trade per day.
Learning to recognize key turning points in markets is one of the most important lessons any trader can learn.
The #1 reason traders fail is due to lack of experience. The best way to speed up your learning curve is to keep meticulous records using a trading journal.