A reality of part-time trading is that you may not always have time to trade every day. Full-time traders will have a daily schedule and routine tasks will be a part of their day. This is a definite advantage for traders who make a living from the markets, and ultimately you need to find time to become a successful trader.
New traders often approach educational material with the attitude that if it’s free, it can’t be any good. They willingly pay thousands of dollars for courses and systems, and they are often disappointed.
Derivatives have grown from a relatively small market thirty years ago to the 800-pound financial gorilla in the world today. At over $600 trillion in notional value, it’s nearly ten-times the size of total annual world economic output.
There are times when the market is in such a strong trend that even Stevie Wonder could see which direction to trade. Currently, however, the markets area is acting like a conundrum wrapped in a riddle.
With limited test data, we can say that news matters in the short-term, but doesn’t generally have a long-term impact.