Stocks & Commodities V. 24:10 (68-70): The Tools Of The Trade by Martha Stokes
Product Description
Stocks & Commodities V. 24:10 (68-70): The Tools Of The Trade by Martha Stokes
Here’s an overview of the array of tools you need in order to trade successfully.
Every professional knows that the right tools are essential to success. A carpenter wouldn’t use a sledgehammer to nail an interior window frame, nor would he (or she) use a framing waffle-head hammer. He knows that the ideal hammer for fine finish work is a finishing hammer that has a smooth head and is lightweight. By using the right hammer for the job, the carpenter gets the results he wants.
YOUR TOOLKIT FOR TRADING
The same applies to trading. Whenever a trader comes to me struggling with less-than-satisfactory results, I first check his or her toolkit of indicators. Many factors can cause this trader to have disappointing results; often, the primary culprit is not understanding how to use indicators. The most common problem is that traders will use several indicators that are basically all tracking the same market data and are missing indicators critical for tracking the full range of data for the stock. The toolkit of indicators is out of balance. That trader is using a sledgehammer instead of a finish hammer.
Here’s an overview of the array of tools you need in order to trade successfully.
Every professional knows that the right tools are essential to success. A carpenter wouldn’t use a sledgehammer to nail an interior window frame, nor would he (or she) use a framing waffle-head hammer. He knows that the ideal hammer for fine finish work is a finishing hammer that has a smooth head and is lightweight. By using the right hammer for the job, the carpenter gets the results he wants.
YOUR TOOLKIT FOR TRADING
The same applies to trading. Whenever a trader comes to me struggling with less-than-satisfactory results, I first check his or her toolkit of indicators. Many factors can cause this trader to have disappointing results; often, the primary culprit is not understanding how to use indicators. The most common problem is that traders will use several indicators that are basically all tracking the same market data and are missing indicators critical for tracking the full range of data for the stock. The toolkit of indicators is out of balance. That trader is using a sledgehammer instead of a finish hammer.
FOR THOSE ORDERING ARTICLES SEPARATELY:
*Note: $2.95-$5.95 Articles are in PDF format only. No hard copy of the article(s) will be delivered. During checkout, click the "Download Now" button to immediately receive your article(s) purchase. STOCKS & COMMODITIES magazine is delivered via mail. After paying for your subscription at store.traders.com users can view the S&C Digital Edition in the subscriber's section on Traders.com.
| Take Control of Your Trading. |
| Professional Traders' Starter Kit |
| All these items shown below only $299.99! |
| Click Here to Order |