| REPORT
TYPE/DATE |
TITLE/EXCERPT |
Report
July 2004
Level: All |
The
Six Forces of Forex
Few traders ever stop to consider the context that
defines the foreign exchange marketplace, but all of them
should. As forex matures in its role as a retail investment
environment the rules – and the stakes – will
only multiply. |
 |
|
Data
Brief
August 2004
Level: Intermediate |
When
to Trade
One of the key elements of any trading system is market
timing. Many traders fail to account for timing when making
trading decisions, and those who do often rely on their
instinct of market timing rather than empirical data.
The sophisticated investor uses advanced timing techniques
to optimize market entry and exit. |
|
|
Core
Concept
January 2005
Level: Beginner |
Welcome
to Forex
Go to a dinner party and mention your involvement
with forex and you’re likely to get a few baffled
looks. Most people don’t have a clue what forex
is or how it works. Worst of all, neither do most beginning
forex traders. Understanding what makes these markets
tick is a good step towards a successful trading record.
|
|
Core
Concept
January 2005
Level: Beginner |
Automated
Trading
The debate rages on: what’s the best way to
capture profits in forex – hard work or automated
trading? For someone who wants to trade their own systems,
the answer is clear: both. Hard work is the foundation
of all profitable automated trading systems. |
|
Core
Concept
January 2005
Level: Beginner |
Trading
Techniques
Automated trading gives most traders their best chance
for success in forex, but it’s not the only element
of a successful trading record. Traders must know how
to apply automated trading techniques and be willing to
manually manipulate trades when possible. Combining these
two methods – mechanization and discretion –
is the path to profitable trading. |
|
Core
Concept
January 2005
Level: Beginner |
Signal
Selection
When selecting which signals to use, most traders
“shop charts” until they find one that tells
the story they want to see. A better approach is to learn
what each indicator does and apply that knowledge to the
construction of specific trading systems. |
|
Core
Concept
January 2005
Level: Beginner |
System
Building
The “well-chosen example” of the perfect
trade as shown on a chart is too often the basis for system
building. When that system inevitably breaks down, the
trader returns to the charts desperately searching for
a picture that tells a compelling story. Instead of repeating
this damaging cycle, traders must realize that system
building is a methodical process with clear steps, most
of which occur without the distortion created by charts.
|
|
Core
Concept
January 2005
Level: Beginner |
Historical
Testing
Risk
assessment is a critical element of money management.
To gauge risk in advance of live trading, sophisticated
investors employ a historical testing system. However,
not all historical systems are capable of delivering complete
risk assessments, and choosing the wrong tool could lead
to poor live trading results. |
