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Now, I understand that you most likely wish there one ‘magic bullet’ platform that worked ideally best platform for each traders which could just go and get and make a fortune coming from. While I understand the desire, can be certainly no such platform you will want over the site! Nothing is that easy, and searching for magic bullets in Foreign exchange trade is gonna be make you broke, not rich.
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In the initial 1990’s, I finally realized I needed a successful trading philosophy, to build my foundation of trading knowledge around. I studied many of the world’s best traders. This included William J. O’Neil, Jesse Livermore, Bernard Baruch, Gerald Loeb, Nicolas Darvas, Richard Dennis, W.D. Gann, Jack Dreyfus, Amos Hostetter, and men and women. I found out they all traded with dominating. They were for the most part, trend followers. I based my trading philosophy on the actual same premise as many of the earth’s best fx traders.
1) The S&P500 emini contract is very liquid, the thing it is loaded with lots of volume, and associated with action. Cash volume means you can enter and exit quickly, in small as as 1 second. When trading first started in 1997, this contract’s trading volume averaged 7,000 contracts / day. Today, it is not uncommon discover 3-4 million contracts often.
