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Plus, at the time of writing this article, , subscribers. If the prices are below, it is a bear market. Note that if you calculate a pivot point using price information from a relatively short time frame, accuracy is often reduced. Place this at the point your entry criteria are breached. If you would like more top reads, see our books page. Aggressive to make money, defensive to save it. Rotter also advises traders to be aggressive when they are winning and to scale back when they are losing , though he does recognise that this is against human nature. Like Jayashree, more and more women are entering a field that has been a male preserve for a long time: day trading. He advises this because often before the market starts to rally up again, it may dip below support levels, blocking you out. For example, one of the methods Jones uses is Eliot waves. To summarise: Take advantage of social platforms and blogs. Despite his successes, he did quit trading twice, once after Black Monday and the dotcom bubble and some have suggested that his strategies are most effective in bull markets. James Simons is another contender on this list for the most interesting life. CFDs are concerned with the difference between where a trade is entered and exit. Yes, this means the potential for greater profit, but it also means the possibility of significant losses. To win you need to change the way you think. Not all opportunities are chances to make money, some are to save money.
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