Practical Trading Tactics – Applied to the Marketplace

Practical Trading Tactics - Applied to the Marketplace

Practical Trading Tactics – Applied to the Marketplace

Practical Trading Tactics – Applied to the Marketplace
English | 40mn | 640 x 480 | AVI XVID 1100 Kbps | MP3 128 Kbps | 660 MB
Genre: eLearning Lots of time is spent on learning the principles of technical analysis, but precious little is devoted it its practical application in the marketplace. In this presentation Martin shows you numerous techniques that you can apply for more profitable trading.
He sets out by explaining, with the aid of examples, why the first objective of any trader should be to avoid major losses, rather than trying to make major gains.

One technique for achieving this goal is the correct placement of stops below support and above resistance. Rules for assessing potential support/resistance zones are discussed using the following technical tools –

Gaps
Emotional Points
Trendlines
Moving Averages
Retracement moves
Previous highs and lows

Technicians would love to know ahead of time whether the market they are trading is likely to trend or become a trading range. Unfortunately, this is not possible. However, Martin explains a trading plan that can deals profitably with both environments.

Finally, since the biggest obstacle to any trader is emotion, Martin offers ten tips to better overcome your natural tendencies and become a more objective trader.
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