December 13, 2012
- in Uncategorized by schooloftrade
Morning Day Trading Plan Prep; SchoolOfTrade
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The James’ Report: Day Trading Strategies for Professional Traders
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OPPORTUNITY: Every trading day is a new opportunity to improve as a professional trader, and we have the luxury of live price-action to be our teacher. There is a never-ending supply of learning (and earning) opportunities in the marketplace every day we just need to know where to look for them. Are you a trader who has difficulty following rules? Following a simple set of rules is a great example of something that cannot be done by reading a book; it must be learned in the heat of the moment while the candlesticks are forming in front of your eyes. One of the biggest mistakes a new trader can make is to skip a day of live price action, or watching the charts without intention on improving today. We have so many resources at our fingertips today; let’s not waste this opportunity to learn from the market personality.
News from Europe & Asia for US Morning Session:
– FOMC replaced its 2015 low rate pledge with monetary policy thresholds linked to labor data ; to buy $45B/month of Treasuries when operation twist expires
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Read
the Complete Morning Prep & Our Support / Resistance levels for Today Here
the Complete Morning Prep & Our Support / Resistance levels for Today Here
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