Nadilapars Posted October 12, 2017 Share Posted October 12, 2017 3 Top Tips for Trading the Markets Like a Pro Developing and sticking to your trading strategy is crucial if you trade CFDs on forex, commodities, indices and shares. Simply put, veering from your trading strategy is a risky move that could see you lose funds, and that’s something that no trader wants to happen! The fact is though that many traders slip into negative trading habits such as trading intra-day price variations or withdrawing a cost-effective trade simply because the market started retracing against a position. These kinds of trading habits are counterproductive to your success result as you are overreacting to normal price variations in a market.Why Less is MoreLess is definitely more when it comes to trading the world’s markets – it really is crucial! To hammer this point home, we’ll look at 3 key points: market dynamics, price action and how not to react to every market fluctuation.Can you stop a freight train?In trading “a freight train” refers to trends with tonnes of momentum behind them. If you look at the charts, you’ll soon realise that EURUSD, USDJPY and AUDUSD, to name a few, have long multi-month trends. These trends, just like real freight trains, don’t alter direction quickly or easily. Our freight train analogy brings us neatly to my 3 tips to ensure that you instill Less is More in your trading strategymore detail : Why Less is More in Forex Trading 3 Quote Link to comment Share on other sites More sharing options...
Gee Dee Posted April 14, 2018 Share Posted April 14, 2018 Order flow trading is a trading method where traders get the opportunities to take trade decisions as per the pending orders of other traders in the market. by doing this traders basically give focus on prevailing market behavior to forecast future price movements and thereby try to go with market trends. But following others can help to some extent, not fully. So, traders first should craft his own trading plan and then he should decide his mode is best suitable to him. Quote Link to comment Share on other sites More sharing options...
Sininfinity Posted April 17, 2018 Share Posted April 17, 2018 I just skimmed and it is misleading information. There is nothing about order flow trading and some tips only. And about order flow trading we can’t see the market orders. But have read about order flow trading. Do your own research before you try this method. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.