SUPPLY AND DEMAND TRADING: Set And Sleep Trading Strategy by Emily Dhruv
English | 2022 | ISBN: N/A | ASIN: B0BCR1M4F3 | 63 pages | EPUB | 2.43 Mb
The concepts in this Book can be applied to any market and timeframe. Forex, Stocks, Commodities, Indexes, Futures, Options, Funds, ETFs, etc.
The "Set and Sleep Strategy" outlined can be used on any timeframe combination and market. The type of trader you are is directly related to the timeframe sequence that you will choose to trade. It will determine the type of trades that you take, how long you will hold them and how you would manage them. Once you have decided which type of trader you are (by determining the timeframe sequence that you trade) and which timeframe sequence fits your personality, you should accept that and not deviate from it because otherwise you will always be second guessing your trade decisions which will lead to emotional distress. You will only take the trades that your chosen sequence allows you to take. You should not look at different sequences and worry about missing trades.
SUPPLY AND DEMAND IN STOCKS AND FOREX TRADINGis is not a Book for someone who only follows the path of least resistance because there is no path of least resistance in learning. If that’s you, put this book back on the bookshelf now and move on down to an author that tells you what you want to hear, not what you need to hear. The financial market is a world where we should not foster mediocrity or sell you easy shortcuts. It is a place where everyone of us is equal as long as they are prepared for disciplined with hard work and commitment. No matter who you are in the ‘real world’, when you step into the supply and demand domain, you join them or you fail.
SUPPLY AND DEMAND TRADING is also written as a trading guide with newbies in mind, but you should have some basic knowledge. This is a Book for those of you who want something special. It is for the typical trader who has wasted their time trying to improve his understanding of the financial markets, spent thousands of dollars in education and workshops, joined several online services and trade signals, but still needs a trading plan and an edge and a strategy that works over time in any market.
Trading is all about putting your emotions in check to prevent them from affecting your trading decisions. A trading plan and a good trade management plan is executed and managed by a human being made of emotions, so unless you control your emotions, success in trading will be unreachable no matter how much you want it or how good your edge is.
Worried that you will not be able to learn how to trade or manage your trades because you have a full or part time job? Know that your job is not a handicap, it is actually a blessing. Why? You only need 30 to 60 minutes a day to do your multiple timeframe analysis, set your trades and go to your work place, it is as simple as that. Having a job is a positive thing, it will help you to detach from the charts and let the trade breathe and play out. You do not need to spend hours a day analyzing the markets to become a profitable and successful trader.
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