Wednesday, November 11, 2009
MACD & Moving Averages
i have been trying to get a hang of these two widely used indicators: moving averages and their crossover and MACD.
Saturday, November 7, 2009
Gain with Right Analysis
A crucial aspect of my trading plan and one thing that i am greatly interested in, which is the only way one can sustain in the long term, is gains made with right analysis.
Aspects of a Trading Plan
1. Trade Contemplation
2. Trade Entry
3. Trade Management
4. Trade Exit
The above 4 are the stages of a Trading Plan.A lot of effort goes into the first two stages of Contemplation and Entry.However Trade Management and Trade Exit are often neglected especially for independent traders.
Each of the 4 stages above are important aspects and hence time and effort for development of each has to be given.
2. Trade Entry
3. Trade Management
4. Trade Exit
The above 4 are the stages of a Trading Plan.A lot of effort goes into the first two stages of Contemplation and Entry.However Trade Management and Trade Exit are often neglected especially for independent traders.
Each of the 4 stages above are important aspects and hence time and effort for development of each has to be given.
lets begin
The objective of creation of this blog is to put my own thought across, maintain an online trade journal and possibly exchange trade setups and management.
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