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Trading Short term
Why trade?
Now it's a very important question to answer why you want to trade short term if you want to trade at all. Many people would come up with multiple justification to trade short term starting with making some spare money in spare time to just for the thrill of trying to predict the future. Now whatever the motivation behind your motive to start trading short term one has to be very clear that it's a damn risky thing to do with accompanying huge pressure on your mental and emotional skills. If one were to simply look on the statistics available on trader's behavior, a realization dawns that almost four in five people loose money in trading in currencies and CFDs. So statistically speaking there is no justification for a average person to start trading either for short term or the long term as it's a surest way to loose money. Now all it boils down to developing some special skills to be among the minorities who make money in trading. So it leads to the next question which of course is 'how?'
How to trade?
Now if you start searching for this answer after studying all the risk factors in trading you would be literally floded with the answers. That's a irony…
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JaiBabaKi avatar

Great job!

Olkiss70 avatar
Olkiss70 1 Sep.

excellent work

Aaamira avatar
Aaamira 7 Sep.

great article!

tradelord avatar
tradelord 21 Sep.

well nice

Teo avatar
Teo 24 Sep.

good article

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1/26
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Hello, my dear friends and the fellow community members.
In the article of the month of April, we learned about the Head and Shoulder pattern. This month, I have come up with the Cup and Handle pattern. It is also very famous chart pattern. It is a continuation pattern. In this pattern, there is a consolidation period in the form of a rounding bottom after a trending move higher in the price. This rounding bottom is known as the cup. It is followed by another consolidation period which has a depth less than half of the depth of the cup. It is known as the handle. This is why the pattern is known as the cup and handle formation. This pattern is very easy to visualize. I have included a few charts where this pattern had emerged.
FIGURE-01

1. ABOUT THE CUP AND HANDLE PATTERN
A few facts about the cup and handle pattern:
It is considered as the bullish continuation pattern. It has 4 necessary ingredients.
1. The prevailing uptrend
2. The cup
3. The handle
4. And the neckline
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klintons avatar
klintons 31 May

Very well

iiivb avatar
iiivb 1 June

personally, I do not trade this pattern but thanks for sharing!

Josecarlos avatar

interessante

UnforAmon avatar
UnforAmon 14 June

good

Freeze13EU avatar
Freeze13EU 22 June

interesting

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24/68
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What is Risk Management ?
Risk Management is The Analysis and identification For Make Decision of uncertain Investment at Forex Market ,By Using Risk Management We can Control Our Investment Risk and Control Our Profit ,So Risk Management not only Important But also Require For our every Entry.By using Risk Management We can Control Our Live Trading Risk At Forex Market For Safety of Our Trading Fund But Without Risk Management We Are Here Like Gambler ,Our Trading Behave to Market Unjustified,So We Face Lose,Always Remember ,Risk Management reduce Our Trading risk .
Why Risk management?
The main objective Of Risk Management are Below :
Minimize Trading Risk.
For Protect Our Trading Account and Make Money Long Time.
Identify Future Trading risk .
Identify Future Trading Problem.
For Long Term Trading plan.
To Ensure That Risks are identified .
Improved Our Trading Portfolio .
For Stable Trading Career At Forex Market .
Risk Management Process Method
Risk Management Apply For Minimize Trading risk ,Risk Management identify Trading risk and Predict Future impact of all of our Trading.
First_We Should Be Review Our Previous Trading record And Analysis What Type Problem was found and W…
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VictoriaVika avatar


Thanks for your article, there is many useful information, really good strategy and detail explanation. Well done! Go ahead! :)

brilliant avatar
brilliant 25 Jan.

I think there is no high risk limit. but it should be calculated carefully and accepted.

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7/39
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Intro: the Take Profit (TP) is an important component in all trading activities. TP is one of the aspects that particularly interest actors in the forex market and on other market in general. As well as it is for the Stop Loss (SL), how to place the TP? is another dilemma for traders. If the SL is related to the risk by taking a position in the market, the TP has direct relationship with rewards traders perceive for his open positions in the market. These two elements TP & TP complete the two faces of the money management (MM).We can find several kinds of TP setup, because each trading system can match a particular type of TP. So we understand that the particular configuration of a TP also meets the personality of each trader. Is that why it is not easy for traders to give a unanimous answer to the question: how to place a TP?Definition: TP is a limit order used to close a position when the market reaches a certain price level. TP is usually associated to the expected reward planned in advance by the trader in case that his positions will go in the same direction the market will take. This level of award is determined by the trader according to his trading plan, if he has one. The …
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forexgrange avatar

Thanks to everyone who spent time to read my article... to give a like to it... and comment on it... it's the first time I participate... you gave me a good welcome to this contest... we will stay with the dukascopy community activities for long long long time... because we feel that we can help people and be appreciated for that.. love you all. Thank you a million time again...

ilonalt avatar
ilonalt 25 Sep.

useful and interesting information!

CriticalSection avatar

Absolutely excellent work. Really good screen grabs.

Nadin5794 avatar
Nadin5794 26 Sep.

thnx for oportunity to reed some thing realy informative here...i use Timing TP now mostly..

zumba avatar
zumba 26 Sep.

My be a good idea. good luck

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28/47
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As our title says this will be a practical application of some of trading tips using them as part of the rules that my strategy use. There is no particular order of importance. So here is a snapshot of the strategy that we will use lets call it “ THE TWIN ALLIGATOR STRATEGY” . Just to be catchy Fig. 1 Perhaps this will be the first time this indicator will used in this way or plotted. Actually its a multi timeframe strategy. There are similar mtf alligator indicators but its is plotted on a different windows so it will be useless if used on this strategy .There is nothing magical about theses indicators. It just show us which way to trade. We will only use two alligator indicator ( by Bill Williams ). The thin alligator use default settings , the thick as we see one uses different settings. Its is the alligator in the 1 hour time frame recalculated to to fit the 15 min time frame. Ill be providing templates later. Trading Tip # 1. Trade with the Trend. Notice the highlighted area on fig. 1 . the thin alligator lines are far from each other. ( BW term is alligators mouths are open) and the thick alligators mouth is also open. Meaning that our trend is in bias wit…
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jetaro avatar
jetaro 2 July

where have all my graphics gone :(

forexat avatar
forexat 10 July

it's hard to understand without charts :(

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13/38
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Ironically, being a slave of trading performance puts people with that mindset in a downhill movement. It’s a paradox of the financial world that in order to succeed and have the things that attracted you to the idea of having it all in the first place, you have to be humble and forget about being better than the other guy, or richer. Speaking of paradoxes, there’s something called the Omnipotence Paradox which can be very humbling once you give it some time and thought. Can an omnipotent being create a stone that’s heavy enough so this same being can’t lift it from the ground? If he can create the stone, that implies he won’t be able to lift it, and therefore he won’t be omnipotent anymore. If he can’t create it, then it’s the same principle, he’s not omnipotent. The lesson here is: there are no absolutes, especially in trading. In other words, trading is not perfect and it will never be, so stop looking for perfect answers. The Holy Grail Paradox All of this conversation and pursuit of the Holy Grail is very amusing sometimes. If you ask a professional trader at the top of his game (I did) he’ll tell you the Holy Grail is hard work. If you’re looking for some magic signal or…
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eagl avatar
eagl 6 Oct.

Good stuff. It may sound cliche but ultimately what works in trading comes really comes from within. True deserving hard work in trading is about research, development, testing and thinking about preserving your capital. A lot of traders fool themselves by looking at the market day after day and the market fools them in turn by letting them win twelve times in a row. Subsequently we all know what happens to that poor chap when the market turns bad against him.

doctortyby avatar

Emotional Intelligence also applies here.I agree with the fact that numbers don't lie and a 50% Win/Loss Ratio with a reward/risk of 3:1 can make one successful. Regarding the Ego, it makes our lives hard not just trading

SpecialFX avatar

Unfortunately, your article will probably not get much attention, because it is all text and a bit philosophical, but there is a lot of stuff here that people should pay attention to. I was reading and nodding in agreement all the time :)

Likerty avatar
Likerty 30 Oct.

First part of the article was really sensational just later fell in to usual and already heard things, but still it is one of the best articles on the matter taht I read here in DUkas contests!

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