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teadragon1

Joined Jun 17, 2021

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Systems by teadragon1

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a good trading strategy

A good strategy is one that works LONG TERM. Any strategy will work in a trending market but only the best strategy will work in all market conditions

6794

Jul 27, 2021 at 11:17

Overconfident

One needs a trading plan to stop over confidence. Reading that and sticking to it will stop over trading

4215

Jul 27, 2021 at 11:16

Why are forex traders interest rates so important?

it is important to remember that it is the PREDICTION of interest rate changes that drives FX price changes. This is why all the other economic data moves the markets - it provides an early indication of how interest rates may change. So when rates actually change there may be only be a small change...

2367

Jul 27, 2021 at 11:15

You don't need to be

RR is no everything but it is important. But be careful not to go too extreme. An RR of 1:10 may sound great but will the price ever reach such a large target

1937

Jul 12, 2021 at 12:23

Famous Traders and Investors, what to think of them

I am more impressed with the self taught home trader making a steady income than the rich kid who works at a bank and then makes a name for himself through a few lucky trades

2996

Jul 12, 2021 at 12:22

teadragon1's Reviews

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