Trading

Trading Lesson 2: Market sentiment

Submitted by currenciesfx on Wed, 04/06/2022 - 07:47

UNDERSTANDING MARKET SENTIMENT

Market sentiment refers to the prevailing attitude of investors in a particular market.

 

■ Always Consider Whether Your Idea is Already Discounted by the Market

You must always consider whether the market has already discounted your trading idea. If your idea is based on news, consider that at least 90% of news is already incorporated in the prices.

Trading Lesson 4: Money Management

Submitted by currenciesfx on Wed, 04/06/2022 - 07:28

MONEY MANAGEMENT RULES & GUIDELINES

Money management refers to a set of rules that aims to minimise your losses in the short-term and maximize your profits in the long-term.

 

■ Balancing your Decisions Between Reward, Time, and Risk

At any given time, the market offers a great number of risk/reward trade combinations.