As I always say – an educated trader will become a more consistent trader, as trading success is all about developing a method which yields consistent results over time.
Or – put another way – the more you learn, the more you earn! Which is why David and I have launched The Complete Forex Trading Program and you can find all the details on the link below:
Whilst you can trade immediately with very little knowledge of how the markets really work, to take your trading to the next level, you also need to start to understand some of the more complex relationships that exist between the four principle capital markets. This knowledge will then help you to understand why the markets are constantly changing, moving first in one direction and then another.
In this section of my site I explain some of the basic principles that you need to understand as you get started. In addition I cover some of the essential elements of trading which apply to all markets, and underpin trading success, whether you are a longer term investor, or a short term intraday scalper. The principles are similar, and without an understanding of risk and money management, the importance of having a trading plan, and other key concepts, it is hard to succeed.
I have also outlined some ideas of possible trading tactics across all the four markets, which I hope you will find useful in your own trading. You can also follow me on Twitter and of course, you will also be able to read all my latest market forecasts and analysis on the site as well.
You can join me in my live training rooms which are now part of The Complete Forex Trading Program, where you will discover how the forex market really works, and supported by the full suite of tools and indicators from Quantum Trading Software.