About Day Trading: Are You Listening to the Market?

	Day Trading

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	from Adam Milton Professional traders have various trading systems that they trade every day. They are also aware that the market might speak at any moment, and provide them with a trading opportunity that is not part of their trading systems. This week's day trading newsletter explains how the market speaks, and what you need to do when it does speak. The newsletter also includes: - a discussion of why the last price is missing from forex market prices, - how to react when you make a trade by mistake, - and the weekly economic calendar with volatility expectations. Good trading everyone, and don't feel bad about trading against your great grandmother (read the newsletter to find out what this means) :-)
In the Spotlight

Pay Attention When the Market Speaks Every so often, the financial markets will walk up to you, slap you across the face, and tell you exactly what they are going to do next. In other words, the markets occasionally provide very clear signals of their next price movement ... find out how to listen to the market              More Topics Economic Calendar With Volatility Forex Market Prices Most day trading markets include three separate (but connected) market prices. These prices are the bid price (the current highest priced buy order), the ask price (the current lowest priced sell order), and the last price (the most recently traded price). The bid and ask prices are used in various ways to place and fill orders (market orders, limit orders, etc.), and the last price is used by charting software as the current price for the market in question ... find out how forex market prices are different   Exit a Mistake Immediately Even the most experienced traders sometimes make inadvertent mistakes. For example, they might enter a trade by accidentally clicking their mouse, or they might enter a trade using the wrong type of order (e.g. a limit order instead of a stop limit order). Making such a mistake is not a problem as long as the reaction to the mistake is prompt and correct ... find out how to react to a mistake     Sponsored Links   Lose Weight Together Calorie Count Groups Join a group on Calorie Count today and track your progress with people like you. Find groups by age, location, weight loss interests and much more!

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