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LEARNING

HOW TO DRAW CHANNELS

Selection of YouTube Videos To Study

General Trading Knowledge from Marty Schwartz, and Other Helpful Channel Drawing videos

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Danny Riley Published on Aug 18, 2013

Lessons from WALL STREET's Champion Day Trader

Pit Bull / Martin "Buzzy" Schwartz / A Market Wizard

What I learned from this guide helped me develop my trading style and adjust my rules to meet the goal.  You Can Not Go Broke Taking Profits.  

How to Read & Understand Heikin Ashi Candles

By Dan Valcu

When trading there is lots of noise specially when using multiple indicators on a chart.  One way to simplify the chart is by using Heikin Ashi candles.  This will help a trader to stay on the right side of the trend or if in doubt, sit back and wait for a clearer picture.  

Link to .pdf File:

Using_The_Heikin_Ashi_Technique_D_Valcu

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Autopilot FX Money Published on Nov 21, 2015

Forex Boat Published on Apr 12, 2015

Sasha Evdakov Published on May 4, 2016

Joseph James Published on Apr 10, 2014

UKspreadbetting Published on Jun 25, 2017

THE FIVE OUTCOMES TO A TRADE!

Five Outcomes to A Trade

My mentor taught me the first four.  Marty Schwartz taught me the fifth one "Stay Neutral".   Close the trade at break even if the move you expected did not develop.  Losing control of a few trades can break your account, greatly affect your mental state and your ability to make proper decisions.

BE PATIENT, STUDY, PAPER TRADE UNTIL YOU HAVE CONSISTENT PROFITABLE RESULTS

Making money trading is feasible for many but trading is not for everybody. 

Take your time to learn, invest in your education time, effort and get the experience needed in various types of markets prior to putting your hard earned money at risk.  It is up to you which route you take.

STUDY TRENDS
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DRAW YOUR CHANNELS
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MANAGE YOUR TRADE
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Enjoy The Journey