The star doji is a neutral signal candle signal that has opening and closing prices that are the same price level or very close. A single star doji candle shows that buyers and sellers reached equilibrium during the candle period as the close and open were the same price level. When a star doji appears […]
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Is forex trading profitable? Is day trading profitable? Are commonly asked questions by new traders but the answer can be yes or no depending on how someone trades. Yes, trading is profitable if you have a positive expectancy model where the average win is bigger than the average loss over a series of trades. Profitability is
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Milton Friedman (July 31, 1912-November 16, 2006) was a famous economist and statistician who was awarded the 1976 Nobel Prize in Economics for his research and work on consumption analysis, monetary history and theory along with the complexity of stabilization policy. Friedman was one of the intellectual leaders of the Chicago school of economics, associated
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This is a guest post by Ken Boyd. The markets are constantly fluctuating, so it is vital to remain calm and collected. One of the most challenging things about trading is that there is no way to know what will happen next. This can be very daunting for new traders, but it also provides an
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If you enjoyed The Wolf of Wall Street movie here are ten other movies that you would likely also find entertaining for their similarities. The Great Gatsby: This role is also played by Leo DiCaprio as millionaire Jay Gatsby that throws lavish parties, flaunts his wealth, and came by it questionably. Nick Carraway (played by
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The path to success is not a straight one, it is a winding road where adjustments must be made to continue moving in the right direction. The 10 steps on the path to success. Written goals: You must have goals to both guide your big decisions in life and tell your subconscious what to move
A trade order is an instruction to your broker on how and when to buy or sell a position. There are several different types of orders a trader or investor can use to execute a trade based on their goals. A trader may want to get in a position at any price or out at
This is a guest post by Sami Abusaad of @T3Live When the market turns unstable, what do you do? Panic sell? Seize the moment and start gambling? If you want to wade through the treacherous waters of a volatile market and come out with your P&L — and your dignity — intact, you need
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The U.S. stock market has three different tiers of stock quotes, there are Level 1, Level 2, and Level 3 price depth that can be viewed. Each level allows a trader to see quotes for their stock drilled down to a deeper degree in the queue. Level 1 quotes show the best current bid and
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This article is a sample chapter from my book The Ultimate Guide to Chart Patterns. Chart Facts: The Double Bottom Chart pattern is a reversal pattern that is bullish. This pattern is created when a key price support level on a chart is tested twice with a rally between the two support level tests. A double
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