The Frontiers Of Trading

by: Ivan Cavric Day trading involves the buying and selling of financial instruments, such as stocks, within the same trading day. It can be an exciting and lucrative activity, but it can also be stressful and emotionally taxing. Here, we'll explore some of the psychological factors that can affect day traders and how they can mitigate these challenges to increase their chances of success. One of the primary psychological challenges of day trading is managing emotions. When making rapid-fire decisions about buying and selling securities, it's easy to become overwhelmed by fear, anxiety, and greed. These emotions can cloud judgment and lead to poor decision-making. To combat this, it's important for day traders to develop emotional intelligence and learn to recognize and manage their emotions. Techniques such as mindfulness meditation and deep breathing can help traders stay calm and focused under pressure. Another psychological challenge of day trading is the temptation to...

By: Ivan Cavric If you’re looking at trading in the foreign currency exchange market (commonly known as the forex) and you have the classic Pink Floyd tune “Money” playing in your head, complete with the “cha-ching” sound, you might want to read this article first. With all of the forex brokers out there, ready and willing to take your cash to help you make your first trade, it may be a little intimidating finding a broker that can help your profits grow and not walk away with your cash! To that end, as part of your forex training, here are a few tips that will help you in selecting a broker that you can trust and not end up with a proverbial “bucket shop.” 1.“There is no risk!” Watch out for a company that claims that there is little or no risk in trading the commodities market. Any broker that is legitimate should tell you that there is ALWAYS risk! True, you can mitigate that risk with stop losses, sound trading techniques, and equity management, but there is always a risk involve...

By:  Ivan Cavric Fibonacci, Actually named Leonardo of Pisa , was born in Pisa, Italy about 1175 A.D.. Today, he is recognized as the greatest European mathematician of the middle ages. Fibonacci is credited with introducing the Arabic-Hindu numeral system to Europe. He also introduced the decimal system. Both became the basis of mathematics we use today. Enough background for now. Although Fibonacci covered an entire realm of mathematics, the main numbers used in trading are actually percentages. The percentages are 38.2%, 50%, and 61.8%. These areas are viewed as trend retracement points. The most commonly held theory is that a 38.2% retracement of a trend is a failed reversal and the overall trend should continue. A retracement to the 61.8% mark signals that the retracement is the beginning of a new trend. The 50% level is used for different strategies if confirmed by several other signals The use of Fibonacci numbers in trading has become increasingly popular in recent years. ...