The Problems with Predicting the Market- June 6, 2008 Many traders, especially beginners try to predict the market and often face huge losses. Although most markets behave in a cyclical manner, this cycle isnt that much predictable especially for short-term traders. There are many things which influence the market performances and no single trader can consider all those at the same time. Here are important thingsfacts to consider.No trader can accurately analyze all the forces and factors which influence the market direction or the financial...http://www.nobletrading.com/blogs/2008/06/problems-with-predicting-market.html Stop If Bid and Stop If Offer Orders- June 5, 2008 Both stop-if-bid and stop-if-offer are stop orders used to limit trading losses resulting from market uncertainty. Stop orders are excellent tools against high price volatility and low market liquidity. Both stop-if-bid and sop-if-offer orders are common in forex market, but remember not all forex brokers allow these orders.Stop if bid orders are practiced in rising markets. These are orders to close a trade when the bid price touches or breaches a specified level. Stop if bid orders are...http://www.nobletrading.com/blogs/2008/06/stop-if-bid-and-stop-if-offer-orders.html Fibonacci Arc Charting Technique- June 4, 2008 Fibonacci arcs are a charting technique based on Fibonacci numbers, used to predict the future support and resistance levels for a financial instrument. A typical Fibonacci arc consists of three curved lines; but traders can increase the number of lines with respect to Fibonacci numbers. Fibonacci arcs can be created for both short-term and long-term trends, and as well as for both bullish and bearish trends.The procedure for creating Fibonacci arcs is simple and most advanced trading systems...http://www.nobletrading.com/blogs/2008/06/fibonacci-arc-charting-technique.html Risk Minimizing Day Trading Tactics- June 3, 2008 Day trading is the most active form of trading having maximum trading risk. It requires real-time news, quotes and charts. Day traders practice many complex strategies for getting profited from the market. Here are some simple tactics which can minimize trading loss of day traders, especially beginners.Concentrating on certain group of stocks or an industry. Specializing gives traders a chance to study deep and find more profitable opportunities.Using traders systems with hotshort lists. Then...http://www.nobletrading.com/blogs/2008/06/risk-minimizing-day-trading-tactics.html Stock Maket Trader Letter, June 2, 2008- June 2, 2008 The Week Ahead: A major consumer sentiment reading reached a 28 year low with soaring food and gas prices lowering the potential for other discretionary purchases. Look for the ISM Manufacturing Index and construction spending numbers on Monday. Auto sales and factory orders are due Tuesday. Oil and gas inventories along with the ISM non-Manufacturing Index are out on Wednesday. Chain store sales and jobless claims are released Thursday. Finally, Friday brings the all important employment...http://www.nobletrading.com/blogs/2008/06/stock-maket-trader-letter-june-2-2008.html |