May 2012
Beginner
793 pages
20h 29m
English
book
Trading Commodities, Commodity Options and Currencies (Collection)
by Paul Brittain Carley Garner
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13. Tips and Tricks for Currency Traders
There are nearly as many trading strategies as there are traders, but in the world of currencies, it seems as though the most common form of speculation is day trading. The term day trading simply implies that traders enter positions with the intention of being flat with the market by the close. In other words, it is the practice of entering and exiting speculative positions within a single trading day.
Even within the realm of day trading lies a nearly unlimited number of methodologies. For instance, some day traders attempt to scalp a few ticks on each trade by rapidly entering and exiting trades in the blink of an eye; yet others hold positions ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.