LEARNING
Education and training are both necessary before start trading for real money. Successful trading is all about being educated, and then starting to trade with discipline.
Market conditions change by the day, nevertheless, some particular rules are always valid. For example, the need to diversify your portfolio is always the same.
Profitable trading starts with continuous learning and the implementation of the right trading strategy
Fundamental and Technical analysis together form a unified investment framework for analyzing every financial market. Fundamental analysis aims to identify fair value and profitable trades, while technical analysis focuses on identifying the right timing for opening positions. Time is a very important parameter, and via the use of various technical analysis tools, traders can optimize their entries/exits in the market. Technical analysis cannot predict profitable trades, but it is still a very important tool for placing the right orders at the right time.
To trade profitably, you also need to implement a trading strategy. An effective trading strategy should be compatible with your personality and risk profile and incorporate a complete money management system. All your decisions concerning your portfolio must be governed by this particular strategy and its money management rules. For example, a simple rule could be not risking more than 2% of your capital on any trade position.
Overall, profitable trading starts with continuous learning and the implementation of the right trading strategy.
Fundamental Analysis
Fundamental analysis is a commonly used method for measuring the intrinsic value of a financial-traded asset based on the observation of economic and other 'hard' data.
Including:
- Introduction to Fundamental Analysis
- Investment Risk (2 categories and 10 sources)
- Categories of Financial Ratios
- Valuation of Stocks & Industries
- Commitments of Traders (COT) Report
- Treasury Bills (T-Bills) and their Correlation with Equity and Forex Markets
► More about Fundamental Analysis
Technical Analysis
Technical analysis is a trading method that aims to forecast the future price movement of a financial-traded asset based on past market data such as price movement and volume. Technical analysts use charts, patterns, indicators, and oscillators to identify similarities in the current and past market activity that can suggest future price movements. Technical analysis can be applied to all financial asset classes and assets such as stocks, indices, Forex pairs, and commodities. Technical analysts focus on two major aspects:
(i) What is the current price of a financial-traded asset
(ii) What is the history of price movements of this financial-traded asset
Including:
- Introduction to Technical Analysis
- Major Assumptions of Technical Analysis
- Popular Technical Analysis Indicators
- Major Types of Charts
- Elliott Wave Principle & Harmonic Chart Patterns
- Building a Trading Analysis Framework
Custom Technical Analysis
- The unique TCI System by TradingCenter
- ΔMP & Σ(ΔMP) Indicators by TradingCenter
- Introducing RSI Precision (Enhanced RSI tool)
- PriceMomentum Chart: A New Perspective to Chart Analysis
► More about Technical Analysis
Identifying Chart Patterns
A chart pattern is a distinct formation on the chart of financial-traded securities. There are many different types of patterns. When a chart pattern is confirmed –there is a high probability that a certain (upward/downward) price movement will occur shortly. A chart pattern is not able to predict with certainty future price movements but it can indicate a high probability trade.
Two (2) Categories of Chart Patterns (Reversal and Continuation)
There are two major chart pattern categories: the Reversal and the Continuation chart patterns. Reversal patterns signal the altering of the current trend while continuation patterns signal the continuation of the current trend.
- MAJOR REVERSAL CHART PATTERNS
1) Head and Shoulders Patterns
2) Double Tops and Bottoms Patterns
3) Triple Tops and Bottoms Patterns
4) Rounding Top and Bottom Patterns
- MAJOR CONTINUATION CHART PATTERNS
5) Cup and Handle Patterns
6) Triangles Chart Patterns
7) Flag and Pennant Patterns
► Identifying Charts Patterns | ► Harmonic Price Patterns
Day-Trading Resources
Understanding price action is a key issue when trading intraday. There is a great variety of methods and tools available for traders seeking to interpret the daily price action. These tools include Elliott waves, candlesticks, chart patterns, major support/resistance, etc.
Forex Currency Pairs
Revealing Momentum and Seasonal Patterns Based on 18.5 Years of Daily Exchange Rates. The currency pairs include EURUSD, GBPUSD, USDJPY, USDCHF, USDCAD, AUDUSD, NZDUSD, EURGBP, EURCHF, EURJPY, EURCAD, EURAUD, EURNZD, GBPJPY, and GBPCHF. Through extensive data analysis, a new indicator is introduced (ΔMP).
► More on Forex Currency Pairs | ► Forex Trade Calendar
Trading Tips
Find useful trading tips when trading Forex currencies and equities (stocks and indices).
Philosophy Section
How can a trader get a benefit from Philosophy? If you want to be a great trader you must first become a great man, and philosophy may take you there.
► Best of Socrates | ► Best of Plato | ► Best of Confucius | ► Albert Einstein | ► Democritus -The Apology of a Madman | ► "The Art of War" by Sun Tzu
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■ Learning Section
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