Jessie Roberts

Trending Versus Counter Trending by Jessie Roberts
You will find that as you learn how to trade, it is not enough to be told something, read about it, and then experience it in the market. Taken cumulatively as an approach to learning, that still amounts to a series of brief impressions. To have a method or a trading plan truly hardwired into your head takes many, many impressions or, ideally, many months or even years of demo or live trading... READ MORE

Trending & Counter Trending Behaviour by Jessie Roberts
A trending market is one in which the directional bias is obvious and can be seen on the chart by a pattern of highs, lows, and closes moving in the same direction. A counter trending market is one in which there is no obvious direction other than sideways... READ MORE

Patience & Trading by Jessie Roberts
Patience is equal in value to discipline in this game; both are priceless. We've always suspected that the reason 90 to 95 percent of retail traders lose their money is that they have no patience... READ MORE

Discipline in Trading by Jessie Roberts
We hear the word discipline a lot when people talk about trading philosophies and trading psychology. Most of us heard the word a lot in our formative years too. The concept is the same. Discipline when you were younger might have meant getting up early to do your morning paper route, making sure to do your chores before breakfast, or being on time for school... READ MORE

Hardwired to Trade by Jessie Roberts
You will find that as you learn how to trade, it is not enough to be told something, read about it, and then experience it in the market. Taken cumulatively as an approach to learning, that still amounts to a series of brief impressions... READ MORE

Trading Psychology by Jessie Roberts
There are many misconceptions about the type of people successful traders are. For example, are they are creative mavericks with aggressive personalities? This is not altogether untrue but is the opposite of the case in our estimation... READ MORE

Trading Tip - Buying Strength & Selling Weakness by Jessie Roberts
One of the most widely made mistakes by nonprofessional traders results from not understanding the concept of buying strength and selling weakness. Professional traders, in contrast, make a living by taking advantage of this concept... READ MORE

Trading Techniques - The W D Gann Method by Jessie Roberts
W. D. Gann is a name that many professional traders know well. Gann's 1942 book How to Make Profits in Commodities is a classic trading text that is full of sound advice covering topics from market trends, to isolated highs and lows, to swing trading, to volume analysis, to individual psychology and money management... READ MORE

Trading Techniques - The Elliott Wave by Jessie Roberts
The Elliott wave principle is primarily a trend-following school of technical analysis that describes market movements as waves. In Elliot wave theory each market movement, or wave pattern, is designated with a numeric label and a behavioral designation-impulsive (trending) or reactive (corrective)... READ MORE

Trading Techniques - The Dow Theory by Jessie Roberts
Dow Theory is a trend-following school of thought named after Charles Dow, one of the original publishers of the Wall Street Journal, for his analysis of nineteenth-century market price action. The theory was refined by S. A. Nelson and William Hamilton and published by Robert Rhea in a book titled The Dow Theory in 1932. Hamilton's 1922 book The Stock Market Barometer is also a cornerstone of this theory... READ MORE

Inflation & Commodities Importance by Jessie Roberts
An important link between interest rates and currency values is commodity inflation, which, unlike an individual area or country's business activity, affects all economies. As inflation rises and prices spiral upward... READ MORE

Interest Rates and the Carry Trade by Jessie Roberts
As we saw with regard to the effects the overall business environment has on currencies, interest rates play a key role. One way to take advantage of interest rate differentials between countries is by buying a currency with a higher interest rate and collecting that interest and then selling a currency with a lower interest rate; when the short position pays the interest rate, this is called the carry trade. In times of global economic expansion, investors and traders make money by using this strategy... READ MORE

Effects of the Business Climate by Jessie Roberts
The same forces that affect the value of a business have an impact on the price of currencies. In fundamental terms, a company is valued on the basis of its balance sheet and current or future income as well as intangible factors that will affect that future income, including business model and plan, management and leadership, competitive advantage, and adherence to laws and regulations... READ MORE

Forex Versus Futures Pros & Cons by Jessie Roberts
For professional investors, there are a couple of distinct advantages to trading currency futures contracts. First, traders who use currency futures are assured that their funds are placed in a bank account segregated from the dealing firm's money; this is different from the practice of many foreign exchange dealers, in which the client's and the dealer's money often are commingled... READ MORE

Trading the Appropriate Time Frame by Jessie Roberts
The thing to remember is that trading is about making money, yet somehow, particularly for beginners, that gets lost in the emotions and egos.
The way to stay focused on making money is to study your course material, then back test to the point where you recognize signals instantly regardless of background noise, and then demo trade until you are profitable... READ MORE

Discover the Short Term or 'Day Trading' Style by Jessie Roberts
Short-term, or day, trading means that the trader generally does not hold positions overnight and trades a lower time frame chart such as a 15-minute or a 5-minute chart or a chart with an even lower time frame... READ MORE

Discover the Position Or 'End-of-Day' Trading Style by Jessie Roberts
Position, or end-of-day, trading is fairly straightforward in that the trader is taking trade signals on the basis of price behavior on the daily charts. Once you've completed your trading plan and know what qualifies as a trade signal, the only time you will enter orders is just before the end of the trading day at 5 p.m. EST... READ MORE

Discover the Swing Trading Style by Jessie Roberts
Swing trading involves shorter time frames than the daily charts; this generally means trading from the 240, 60, and 15 minute charts. The time you could be in a swing trade can range from hours to days, and the trade can be a trend trade or a counter-trend trade. Often swing trades are counter-trend trades as they take advantage of the secondary moves that often follow extended impulsive (trend) moves... READ MORE