Q. “Hi Timon, I'm looking at trading next year from fresh. To cut a long story short, I have finally found a trading system that delivers profits over time and now I'm just collecting data…
Do you have any trading goals that you look at, so I know I'm on the right page for 2020?”
A. The only way to set and prepare your trading goals, is by basing your results on a proven bac... ››› more
Using the right charts can be half the battle when it comes to trading. And using these charts over the right timeframe is also crucial.
A great tool to use is candlesticks on your charts. They can tell you so much.
Let's take a closer look…
What candlesticks tell you
With many trading platforms, the default for charts is candlesticks. You may also find it defaults to a da... ››› more
If you want to start trading the stock market, one important thing you need to decide before you begin is your trading timeframe.
Knowing this will help you decide what strategies are best for you and how much time you need to devote to trading.
So what types of trading timeframes are there?
Let's take a closer look…
Trading timeframe #1: Day trading
A day trader is in and out ... ››› more
When you decide to trade, one of the first things you'll need to consider is what timeframe you'll trade over.
Are you better suited to very short-term or intraday trading? Or is a longer timeframe more your thing?
So how can you work out what timeframe suits your style of trading best?
Read on to find out…
How to work out the best trading timeframe for you
To work out the trad... ››› more
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