Welcome to Trading 201: Issue 2

Welcome to Trading 201!

You've heard all the watch words: "Plan your strategy." "Follow the rules." "Verify your approach." "Adjust your technique." "Manage your risk." Every tool at your disposal helps keep you on the straight and narrow: Your mind probably most of all, plus charting and technical analysis, strategy analysis and adjustment.

This second issue of Trading 201 explores these topics, revealing how trading is both an art and a science and giving you further insight into the discipline that can mean more profits for you.

Take a look at what's inside Issue 2:
	John A. Sarkett, Developer, Option Wizard, is the author of our second article for The Psychology of Trading. He takes a long, hard look at ego and the obstacles it throws in the way of successful trading.
	Using classic charting tools (Fibonacci levels, trendlines and minor highs and lows) is Raghee Horner's (of EZ2TradeSoftware.com) topic in The Basics of Technical Indicators column. She steps you through how to analyze price action using these "tried-and-true" tools.
	And, Raghee also offers us her perspective in The Basics of Forex Trading. She carries her discussion of the rudiments of Forex trading from the article in the first issue to this second of her series, in which she shows us how the U.S. dollar stacks up to other currencies and what that means for actual trades. Plenty of chart examples illustrate her points.
	Trading Styles Have you ever wondered how difficult it is to really master momentum trading? Find out from a master (Alan Farley, editor and publisher of Hard Right Edge) in this in-depth look at the three disciplines underpinning that mastery.

We are, once again, excited to bring you this free newsletter. We hope you are profiting from what you are learning. And, remember that there are four more issues coming your way.

Cynthia Crossland
Publisher

HOME | THE PSYCHOLOGY OF TRADING | THE BASICS OF TECHNICAL INDICATORS
THE BASICS OF FOREX TRADING | TRADING STYLES