The forex-trading styles: The Technical Trader Practitioners of technical analysis utilise trading rules and models based on analysis of past price and volume information in order to define a more profitable route trading markets. Technical analysis is based on the premise that prices move in trends and that history often tends to repeat itself. It is an excellent tool for traders and can greatly enhance returns especially when used in conjunction with other research such as fundamental analysis. Successful technical traders develop clearly defined rules to manage their risk, rules where the preservation of capital is paramount to success. The concept of capital preservation is an integral component in the results enjoyed by some of the world’s most successful market traders.
Posted on: Thu, 13 Mar 2014 07:16:46 +0000
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