schedule

Tape trading

Today the charts were finally repaired and appeared at the beginning of the MOC, and in the afternoon I traded on the tape :) Intraday : In the beginning I decided to trade DJ stocks because you can see their charts in the metatrade, but an hour later I realized that nothing good would come of it and switched to ordinary shares. Trading stocks without seeing their chart within the day is a little dumb, but you can. Used a schedule of days and a ribbon of prints. Having fought back in regular promotions and reduced the day to flat, I closed before MOC. MOC: In the beginning I bought the flying up Ritz and finance, but unfortunately they turned around and closed from profit to minus. Then I only sold the Ritz, but went out on upticke. Selling the Ritz once again and having sat before the close, closed the previous minuses and closed the day in flat.

10 the laws of technical commerce by John Murphy

Which way the market will go? How far up or down? And when he changes direction? Here are the basic questions for a technical analyst. Besides charts, graphs and mathematical formulas, used in the analysis of market trends, there are some basic concepts, applicable to most theories, used by today's technical analysts. John Murphy, leader in technical analysis of futures markets, based on his thirty years of experience, he developed ten basic laws of technical trading: regulations, which are intended, to help explain the general idea of ​​technical trading to a beginner and simplify the trading methodology to a more experienced practitioner. These prescriptions define the key technical analysis tools., and also then, how to use them, to identify selling and buying opportunities.

Trading rules from Jack Schwager

Jack Schwager is the author of the well-known Western bestsellers "Market Wizards" and "New Market Wizards", in which he summarized the experience of the best traders and the most successful investors. Schwager's first book, published in Russian, became an 800-page tome "Technical Analysis. Full course ", published last year by the publishing house "Alpina Publisher". In his book, Schwager also included the quintessence of market wisdom - tips for traders. With the kind permission of Alpina Publisher, we publish the tips in a slightly abbreviated magazine version. Start trading 1. Differentiate between important long-term position trades and short-term trades. Average risk for short-term transactions (implied by the number of contracts in the position and the exit point) should be much less. Besides, the speculator should focus on trading long-term positions, as they are usually significantly more important to the success of the trade. Error, performed by many traders, is, that they are so immersed in trying to catch short-term market swings (creating tons of commissions and slippage), what major price movements are missing.

Smart thoughts of successful traders

Here are the rules from various sources., thoughts, the views of real professionals. 1. Treat losses as tuition fees. 2. Never enter the market, if losses exceed the established limit. 3. It is very bad to miss a trading signal – big profits can be missed. Every trading signal must be used. There is protection against losses – stop order, but against a missed opportunity – No. 4. It is necessary to correctly and always place a trade stop order inside. 5. The trading system must always be developed and adapted for a specific personality. 6. Any trading system has a period of a series of losses. 7. Focus on the trading process, not on the result.

Scroll to Top