Our Extended Learning Track (XLT) module teaches a very simple trading strategy which many people may disagree upon because of its simplicity, but many of you are already following that simple strategy without knowing. Keeping it simple is the main mantra. Rather a simple beginning and trading without losing focus are the main points to be followed.  

    Trading is not an art but a skill that can be developed by anyone if at all if they are willing to pay the price and stay the course, except by a handful of people who either doesn’t believe in themselves or they have some learning challenges.

     Dr Van Tharp has classified various market types to around 25 distinct types in his detailed work on markets. Among them the main ones are below:

  Any new skill including trading needs focused commitment and learning which requires time. To become an expert in that area, continuous up gradation of knowledge and improvement is mandatory. But that doesn’t mean that trading has to be your breath and lifestyle and your whole time should be spent in trading to become an expert. Trading should be considered an option to improve your lifestyle but not your life itself. 

     The New Year began by striking fear and trepidation into the heart of the global market. Following a year of “Central Bank Domination” in which investors reverberated from one shock after the other, forex traderssought out CB clues and insights trying to unlock hidden economic booby traps. It now seems that the capitalist economy belongs to the Central Bank.