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Welcome to Trading 201!
"Know thyself!" What was true for Solon of Athens (c.640 – c. 558 B.C.) is true for today's trader. The
better you know yourself, your "trading profile" as it's called by some in the business, the better trader
you will be. To be successful, your job is to harness your mind and the tools of the trade in the pursuit
of profit. Continuous learning is the key.
That's where this primer comes in. It's brought to you by the creators of eSignal, with the tools
that are the science of trading, so you can couple them with your own skill and strategy to make better trades.
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Solon of Athens |
Basic knowledge with practical applications
In the tradition of Trading 101, Trading 201 will give you tips and hints you can
actually use in your trading TODAY!
The four sections of each issue bring you the insights of the masters of the trade. And, helping you on your way
to becoming a master yourself are these topics in this first issue:
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Here's what you'll find in this first issue:
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The Psychology of Trading has the first in a
series of six articles about the relationship of emotion to the thought process behind the trades you make.
Bennett McDowell, Founder and President of TradersCoach.com, answers the question, "How
important is psychology in trading the financial markets?" |
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Guy Ellis, co-owner of DeltaT1 and responsible for research and development there, takes over
for The Basics of Technical Indicators, explaining
the 4 ways to build a candlestick chart and the strengths and weaknesses of each relative to actual
examples. Plus, this section has a bonus second article by Nick Sudbury,
a financial journalist and former fund manager / consultant, with a startling perspective on how the
absence of a time axis allows the point and figure chart to reveal opportunities hidden in other chart types. |
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This first issue's The Basics of Forex Trading by
Raghee Horner, Founder and Lead Trader at EZ2TradeSoftware.com, brings you the A, B, C's of a hot topic in
the industry. |
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Last but not least, Nick Sudbury is again featured in the first in our
Trading Styles series. His article complements those in The Basics of Technical Indicators section, showing you how the use of technical analysis is, itself, a trading style. |
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It's a pleasure for us to bring you this newsletter, compliments of the creators of eSignal. Come learn with us.
Cynthia Crossland
Publisher
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