Thursday, July 2, 2009

How Eating Bitumen Made Me a Better financier.

Line charts are what you typically see on the telly or in papers. They only show the closing prices of the stock and are of tiny use to traders. Candlestick charts show us all of the price info of a bar chart but in a much more graphical and clear way.

The "story' of the stock literally jumps out at you. When we were first introduced to trading it was with bar charts. Market trading is an interesting activity. It gave me great confidence to have all of these tools to use. We bought some pricey charting software and I started playing with the lots of indicators that it contained. Exotic sounding devices with very unlikely to grasp mathematical formulas. So, fitted out with all of these new tools, I was certain we would be making a slaughtering in virtually no time. But still we struggled to choose the winning trades. And it took us quite a very long time before we accepted why. But before I explain what we revealed let me tell you about eating bitumen.

Now the sole real issue with scooters or motor bikes [apart from getting wet in the rain] is that you are reasonably likely to be hit by an automobile at some point.

Have tons more stuff about currency

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