Trading For Beginners

Maximum Profit Targets

This lesson we are going to work out the best way to take maximum profits from a position long or short. Many traders know how to get into a position but are often uncertain when they should get out. In our last lesson we discussed Fibonacci levels and how to use these levels for entry [...]

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How to Draw Fibonacci Retracements on Metatrader4

Interested in trading using the Fibonacci Indicator? Here’s a cool video that shows you how to draw Fibonacci Retracements on your Metatrader 4 trading platform. The Fibonacci retracements are a favourite of many Forex Traders. Check it out for yourself: Posted by Admin www.tradingforbeginners.com Discover “Next Generation Trading” systems to improve your trading results. Learn [...]

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Where To Place Your Stop

Many traders have a problem defining where they should place their stop loss. They have no problem entering a trade but often have a problem defining where they should take profits or cut their loses. In this lesson we will cover some of the popular methods of choosing a stop loss. 1. Dollar value. 2. [...]

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