Author Nick: AhmadHassam
Name: Ahmad Hassam
Site:
Breakout trading can be highly profitable yet at the same time frustrating as many breakouts have a tendency to fail. The main cause behind most of these false breakouts in the forex market is the big players that intentionally cause pairs to breakout in order to suck in non suspecting or inexperienced players.
As a stock investor, you should keep on learning new stock investing strategies. What worked in the past may not work now. What works now may not work tomorrow. So, as an investor, you need to keep on learning new things. Buy and hold was one of the most favorite stock investing strategies of the past. Does it work anymore? Most analysts are of the opinion that the days of buy and hold stock investing are over. Markets are much more volatile now. Electronic trading has infact changed the very nature of today’s markets. Here are five stock trading strategies that you can use over and over again;
As you might have already discovered forex market moves in phases. It trends, and then it consolidates and after some time consolidating again starts trending. With the knowledge of the Elliott Wave Principles, you can develop the skill to be on the right side of the market most of the time and capture big moves in the market with surgical precision. Using the Elliott Wave Principles can help you make winning trades more times than not!
Trading gold and silver can make you a fortune. The best way to trade gold, silver or other precious metals is to trade futures contract. Now, trading futures can be risky. Futures contracts move fast and show a lot of volatility. Traders profit from this volatility. However, if you are not comfortable with risk then you can keep on trading gold and silver ETFs like the SPDR Gold Shares (GLD) or the iShares Silver Trust (SLV) and other precious metals ETFs. But the point is this that anyone can learn futures trading and profitably trade gold and silver futures contracts.
The importance of technical analysis in trading cannot be denied. Technical analysis depends on the price action in the market. Price action is purely driven by the mass psychology. But depending too much on technical analysis without going into the fundamentals that are driving the price action in the market can be short sighted. Good traders always understand the importance of fundamental analysis and how it drives the long term trends in the market. You need to combine technical analysis with fundamental analysis!
