Currency Trading

Pros And Cons Of Fundamental Analysis

There are two groups of traders: fundamentalists and technicians. Fundamentalists are traders who use fundamental analysis to predict price action, and technicians are traders who use technical analysis to predict price action. Of course a lot of traders use both types of analysis. Let’s talk today about fundamental analysis, which is based on economic factors. Fundamentalists assume that the supply…

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Psychology

Personality Testing Myth And Realities

It is commonly believed myth that personality testing instruments can measure your personality and predict your future behaviors. The pre-employment testing mechanism has been following this creed without any solid evidence. The testing industry claims all out validity. The educational institutions and employer organizations use them for screening purposes. Their transparency and equity has even convinced the courts of law.…

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Investing

Market Timing A Danger To Your Financial Success

Market timing are the two most dangerous words in investing – especially when practiced by novice traders. Market timing is the strategy of attempting to predict future price movements through use of various fundamental and technical analysis tools – and when used to predict trending moves, ends in disaster, and losses. Many investors feel that market timing is the same…

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Currency Trading

Elliott Wave Theory The Myth And Reality

Elliot wave theory enjoys massive popularity – being described as advanced technical analysis, by many brokers and publishers. Elliot wave theory has a huge and devoted following – shame the theory has no basis of sound logic that can help you make money! Let’s look at Elliott wave theory in more detail and then look at sensible market analysis. The…

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