If you're new here, you may want to subscribe to our RSS feed. Thanks for visiting!
Many people enter the market wasting time and money; they lose heart and leave the market for ever. That’s because evolution leaves the strongest, and weak ones are eaten by sharks. And now I am going to describe the market nature based on my personal belief in which I trust. Let’s start from triunity. The problem is that a person isn’t able to understand the meaning of triunity. He is able to understand all-or-none. He considers something to be good or bad, but he doesn’t realize that it is good just because it’s good for him. Allow me to illustrate. Let’s assume there is something a single whole, one side of the coin for example, and there is something the second whole, something opposite like the other side of the coin. Together these both sides compose a coin. But there is the third side that unites them. It’s their contents and at the same time it is the law of conflict of opposites. There is no balance in triunity because there is an eternal conflict of opposites. This conflict is called evolution.

Often you hear people say – I should have invested when the markets were in the 15,000 levels, or I should have sold out when the market was at its peak at 21,000. The fact of the matter is that you get to know the best or worst times, only in hindsight. Let us ask a simple question here, how many people that you know successfully ‘timed’ the Sensex at the beginning of the Bull Run, and escaped the Bear Hug?
Read the rest of this entry »

Many people enter into trades with little more than a desire for profit. In Forex we normally use between 50 – 400 to 1 leverage. Because of the large amount of leverage we are able to use, simply hoping for a profit is not enough. Traders need a solid plan before the pull they trigger. When planning any battle, successful generals begin at the retreat and work their way backwards. Traders should do the same. The first and most important decision is when to admit defeat and retreat. Survival to fight another day is more important that going down with the ship. This article proposes that traders take a different approach to figuring out when and where to place their next trade. The approach is simple. Just like the generals, start by figuring out when to get out. This may sound strange, but if you apply this idea to whatever other methods you are using to determine your entry signals, your bottom line should improve. The overall idea is simple, rather than first looking for a good entry point, look for a point where you would want to be stopped out. At this point you are probably saying “who ever wants to get stopped out?”
Read the rest of this entry »

Advertising |
TagsAccounting Banking Business business plan calculator california card company Credit credit card credit report Credits currency Day trading debt Debt consolidation debt relief degree dream Finance forex Gordon brown health history home Insurance laeder life lifestyle Loans loans market money mortgage Mortgage online orders payday refinance refinancing rent saving success warren baffet wealthCategoriesRecent PostsRecent CommentsBlogroll |