Trading with Venus logo

Get FREE Trade ideas:


Raman Gill July 9th, 2015

Episode 1: How to Create a Profitable Trading Day

read more

Show Notes Have you wondered about what it takes to create a profitable trading day? In this episode, we explore this question and lay out a simple plan that wi...

Episode 1: How to Create a Profitable Trading Day

Facebooktwittergoogle_plusredditpinterestlinkedinmail

Trade

Show Notes

Have you wondered about what it takes to create a profitable trading day? In this episode, we explore this question and lay out a simple plan that will help you bring consistency to your trading and set you up for a profitable trading day.

PREPARATION IS THE KEY TO A PROFITABLE TRADING DAY

There are 4 steps to be being FULLY PREPARED.

1) Be aware of the FUNDAMENTALS

Have an overall view of the market. Are there any stories/global events that may have the potential to move the market, such as, countries defaulting on their debt, geopolitical events or upcoming interest rate hikes.

Resources Mentioned:

2) Be aware of the events on the economic calendar to understand factors behind market movements.

Resource Mentioned:

3) Subscribe to a news feed to know where bids and offers are in the market.

Resource Mentioned:

4) After going through steps 1 – 3, you are now ready to do your TECHNICAL ANALYSIS.

______________________________________________________________________________________________________

If you have questions that you would like answered on the show, send us an email: questions@tradingwithvenus.com

Facebooktwittergoogle_plusredditpinterestlinkedinmail


Get the FREE “3 Steps to Consistent Forex Profits” guide

I will never give away, trade or sell your email address. You can unsubscribe at any time.