moneyfactory trader's profile

Profitable Financial Survivalist and Data Scientist.
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Professional markets speculator, entrepreneur, automated expert advisor programmer and a financial markets educator.
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Dʀ.Pʀᴏꜰɪᴛ @ www.SpeedTradeMarket.com
All Rights Reserved.
Copyright © 2016-2017

Major parts of successful trading:

Trading System
A solid trading system is the major part of successful trading. Without a working system you won’t survive the market.

Risk Management
Learn how to control your risk to prevent large drawdown. The risk management needs to be adjusted to the trading system used.

Money Management
To get to your daily goals you need to manage your money wisely.

Psychology
Psychology is a major part why most traders fail to survive in the market. Fear, panic, capitulation, depression are just a couple of bad emotions.

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Market Analysis Typology:

Technical Analysis
Technical analysis is based mostly on chart patterns, high’s & low’s, Support & Resistance, Fibonacci and different Indicators.

Fundamental Analysis
Fundamental Analysis is based on economic data’s & news, inflation, interest rates, credit rating’s and more.

Sentimental Analysis
Sentimental analysis is based on the sentiment of large Bank’s, Hedge Funds or the Order Book (Level 2 Market Depth).

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