One of the first things we learnt as traders was the importance of paper trading and learning how to set your risk reward ratios properly. This is one of the most basic of trading principles that need to be learnt the right way from the first trade your ever make.
When it comes to trading there a millions of systems, millions of methods, and millions of theories on which way is better to trade. One thing we have learnt and one of the first things an intern trader will learn is that each individual investor will have to develop their...
Gold came back to close up to 50% of the ground loss since Monday, overnight. Looking at the chart we decided to review the crazed sell off as a retracement and were inclined to pull out an old friend Mr. Fibonacci.
The US “Super Committee” has put forth their decision regarding the US deficit reduction in Congress yesterday. The result was indecisive and no one particular conclusion could be made apart from agreeing to disagree.