Traders look for many fancy ways to try and profit from the markets. One way that has repeatedly work is by following the trend in the market. The market is nothing more than a collective action of traders participation based on their belief and understanding. Markets have behavioral patterns which is an amalgamation of traders [...]
How do I enter a trade before it breaks out? Some traders have difficulty with waiting for price to set up and instead try to enter at the slightest suggestion of a trend. This will often lead to failed trends and countless losses. Dynamic Traders have both breakout and pullback strategies at their disposal but [...]
If you do what you’ve always done, you’ll get what you’ve always gotten. Anthony Robbins To be a successful trend trader, you need to start treat trading as a business. However, most traders never treat their trading as a business or even as a job, but more as a hobby using free trading software and [...]
Time is more valuable than money. – Donald Trump. This week we went into BMW in London as we were considering buying a new car which we saw originally at the Frankfurt motor show a few years back. The car is not available until later this year and as yet the price for the car [...]
One small step to becoming a better trader. Many people each day decide they want to become traders because they are attracted to the money on offer. A friend or colleague told them they made a quick profit on the markets and so the obvious thing to do now is to go and make some [...]
A trader needs trends to profit from a market. Sure, a quick scalp can provide a 5 or 6 pip profit in any market condition but to really make the big bucks, price needs to trend once a position has been opened. This is why trend trading is so simple. We wait for price to [...]
As the markets are dynamic, a successful trader also needs to be dynamic. One strategy does not fit all occasions and the art of successful trading is knowing when to use which strategy. As Dynamic Traders, we have many methods at our disposal. Each strategy is positioned for different market conditions that may offer profitable [...]
Our GBPUSD trade finally came to an end. We have 600+ pips profit based on less than 1 hours work over 6 weeks. Not a bad Win:Work ratio. In addition to the other trades such as the Yens, all in all it has been a good period since December till now. The idea behind trend [...]
Many think being a full-time trader involves being glued to a computer screen all day. They believe they have to be constantly watching the markets – tick by tick – while having to make split-second decisions about placing orders and closing positions. Actually this is far from the truth for trend traders where full-time trading [...]
Three rules to help your trading success. There are many different rules a trader may apply to either the analysis or the trade but we have three rules we use at Dynamic Trader which are amongst the most important. Trade with the trend Trade with an edge Capital preservation Trade with the trend is a [...]
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