Where financial traders gather
Are you better than a million minds? The chart below shows the recent extreme volatility on Wall Street. Millions of minds are into this ‘game’ of stocks/shares. They all want one important thing: profit on their positions. We don’t know these people (obviously); how can we. Yes – their interests may be represented by brokers ...
Lots of new traders are looking for a magic solution to make money. They come into trading as a sort of flirtation – to see ‘if it works for them’. It doesn’t. There are no hard statistics on this but Charlie Burton estimates that about 80% of people who begin trading a live account will ...
It’s been a busy week for some traders. The following is a perfect kill with two shots to the ‘head’. The sceptical will argue that this is luck. But the topic of luck and chance will be explored further in another post coming soon. What is not shown in the 4H chart is the daily situation ...
Those who were watching Pound Sterling, would have seen some excitement recently. The Prime Minister, Theresa May, called a snap election on 8th June 2017. This caused the fainthearted to dump GBP for about 15 – 30 minutes. Snipers knew this was just a short high breeze. Then GBP rose like a phoenix for the ...
Well, well… what’s this all about now. I’m afraid you’ll have to read on. And if your dog needs a bath (and I don’t know if you who reads this has a dog and I couldn’t care less), then go bathe the dog! If you have time, look below at results of a true change ...
What if there was a way to take money out of the markets (legally of course) without having to figure anything?! That must be the ‘Holy Grail’, some will say! And others will say IMPOSSIBLE!! And if you found the Impossible, would you share it? I don’t think so. Newtrader is investigating just such a ...
There is no excerpt because this is a protected post.
There is no excerpt because this is a protected post.
This is a short one. Over the last 3 years I’ve come to appreciate – and more so in the last year – that the really big action is on the 4H time frame. Yes – for sure there is even bigger action on the daily (1D) time frame on lots of markets/charts. But 4H ...
Following a winning run of trades a new trader is likely to think or feel, “I can do this!” This sort of feeling is like to come especially if they were big wins emerging from difficult trades that were not expected to win. We are human. There is that sense of victory over difficult circumstances ...
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SniperElite
SniperElite