Many online (forex indices & commodities etc.) traders started their trading without acquiring a proper idea about it result in the loss of their hard-earned money. With a view to providing common concept, risk reward & many other, about online trading this e-book named
“ONLINE TRADING GUIDEBOOK
WITH A SIMPLE STRATEGY CMMIR”
is written by an experienced trader Muhammad Abu Taleb.
In this noted CMMIR strategy it is tried to establish the concept that a trader will trade when at least three indicators provide the de same signal at a time & will not trade on the basis of one indicators’ signal. All these vital points of trading are analyzed step by step so that traders could easily understand t when to start & where to end such risky as well as profitable trading.
Step One: (1) Why strategy is needed in online trading forex indices, commodities.
(2) The significance of strategy builds more than one indicator.
(3) News (fundamental news), candlestick chart & trade decision.
(4) Moving average curve & trade decision.
(5) Ichimoku Kinko Hyo & trade decision.
(6) RSI & trade decision. All of these trade decision are analyzed with the example MT4 chart.
Step Two: (1) Building CMMIR strategy combining four indicators.
(2) Some points on CMMIR.
Step Three: (1) How to trade with this strategy.
(2) Which time frame is the best for this strategy?
Step Four: Some glossary on online trading items needed to understand this strategy.
1) Money Management.
2) Stop loss.
3) Up trend.
4) Down trend.
5) Break out.
6) Range based trading.
7) Pips / Point.
9) Trend line.
10) Pivot Point, Leverage, spread, pair, lot
Step Five: Without practical live examples the application of this strategy could not be understood well and keeping this vital point in mind about 50 trading set up (from 1m to 1 day
time frame) of MT4 terminal is analyzed
This e-book will provide clear in-depth idea to novice
traders regarding online trading which will help them to
take an accurate decision about trading & this e-book also enrich the existing concept of senior traders.
In essence, I could say that this is a complete A to Z guide book for novice traders.