Forex Trading- What you should know about it | Online Trading Tips
There are a lot of opportunities online nowadays where one can make a living and in some cases make a serious income which will enable them…
So, what's this story got to do with online trading, you might ask? Well, nothing and everything!
The fact is, it's a very good life lesson. Many traders trade like this – absolutely certain that what they are doing is right, and MUST be right because it's them doing it. And that's totally irrespective of what the markets are plainly telling them!
We get negative feedback from the market, e.g. it moves against our position. So what happens? Instead of having a stop that gets hit and takes us out for minimal loss, we have no stop at all. Or worse still, we actually ADD to the position. That's kind of like saying to the market, "You IDIOT!"
I took off a losing Dow Jones stock index trade yesterday.
That’s not a big deal. After all, you win some, you lose some.
Maybe I should say, I FINALLY took off a losing trade. It’s one of those things. You learn something. You know it. You even teach it to others. And sometimes, you let your discipline slacken and don’t do it yourself!
Dow Jones Stock Market Video Analysis June 2009
India's MMTC says to start currency exchange – Forbes
MUMBAI, March 27 (Reuters) – India's MMTC Ltd said on Friday it has teamed up with state-run and private sector banks, Tata Consultancy Services and Jaypee Associates to start a currency exchange. The currency exchange is expected to begin operations
ConAgra 3Q profit falls 38 pct, but adjusted results beat expectations – Seattle Times
ConAgra Foods Inc. said Thursday its third-quarter profit fell 38 percent compared to year-ago results that included income from a commodity trading business that has since sold. Its adjusted results beat expectations, and its shares climbed 5
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