Currency Trading Techniques
If you are new to the day trading then you must be wondering which method I should follow, which software is best for day trading etc. In this process of gathering information and experiencing with new tools day traders used to lose maximum part of their money.In all my seminars and lectures I have taught proven wonderful day trading mathematical models. In this I am going to describe the simplest, no cost principle for the day traders. I will not recommend you to buy any software or tools to implement my principle.Only tool you need is a simple mathematical calculator. Most of the time day traders used to forget their finest experience in the stock market. I have pulled those finest experiences and prepared this course for you.
I have devised this study into two parts in part one I will describe the basic principles of day trading and in part two I will describe few examples and give you few home work. You need to do some paper trade (virtual trade) to practice this principle.
Types of Day Trading:
Many mentors say about discipline and trade objective. I would say that it is practically impossible to be a 100% disciplined trader.
However trade can have objective. I always say do not expect too much from market. Be objective and keep minimum exposure with the help of decoupling method or option hedging.