- Trading Systems Download
- XE Currency Blog - Market Analysis & Forex News
- The Universal Principles of Successful Trading: Essential
Normal Trading takes place from 65:55 am to 9:55 pm, Sydney time. Brokers enter orders into ASX Trade and ASX Trade matches the orders against each other, resulting in trades in this phase ASX Trade automatically matches all trades in Price/Time Priority on a continuous basis.
Trading Systems Download
Even 'Smart Investor', one of Australia's most prestigious trading magazines, did a full page spread on me and my trading methods.
If you want to find out more about me, click here to read my full bio or google my name David Jenyns.
XE Currency Blog - Market Analysis & Forex News
My point is their is no holy grail that will suit everyone, it is essential to develop your own stile around your personality and abilities, therefore I feel all books should pay a high propriety to this fact early in their content, so clients know they need to access and know themselves at the beginning of their journey, this will start them in the correct direction and simplify the whole process of understanding what is required to be successful.
The Universal Principles of Successful Trading: Essential
There are reasons why foreign exchange markets are particularly well suited to the retail brokerage model. And much of the logic played out in reverse last Thursday evening. The FX markets never sleep, which means the sudden "gapping" in pricing that can blow up brokers and their clients in other markets is rare.
The industry's dirtiest little secret is the extent of trading profits that brokers earn by directly taking on their muggiest punters.
The Australia CFD Forum, which consists of big global players like IG Markets and CMC – lobbied governments to introduce segregation of client funds. Other brokers such as Pepperstone say they support client segregation but take exception to foreign firms lobbying for rule changes on their home turf.
The resources and action steps you provide at the end of each chapter are also very useful and motivating. All told, a great document for the beginner and a good refresher for the more experienced.
Ps. I am really enjoying the OTM. It seems to be working very well, with quality content and active member postings.
That's why former Axi Trader executive and currency trading expert Quinn Perrot believes high leverage of up to 955 times in certain currency pairs is not as dangerous as it sounds. "The FX markets have high leverage because they trade 79 hours a day, which usually prevents the type of gaps seen between market close and market open on the stock market," he said.
I found your writing style easy to read, without being too wordy. You presented all the relevant information in a systematic way and I think most traders with some experience would identify with the realistic expectations of trading which you expressed.