Aug 17, 2012: Little note moving forward

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The thoughts and techniques of trading, as learned through a student. Currently only trading currencies:

Welcome! This is my 2012-2013 daily journal/blog to see if, and to what extent, trading can really be done for the average Joe; Without the fancy automated trading systems, spending thousands of dollars on books and seminars, and quad monitor business. Everything I have learned is through the internet and free e-books.

Link to Live trading account:

All equity charts are presented using Charles Schwab's Street Smart Pro. All forex charts are presented using Oanda's Metatrader 4 Java edition.

The following are my most recommended (and lengthy) posts:

Reading and using the Metatrader 4 platform:
Part 1 part 2
The beginnings of analysis
Compilation of Bearish Reversal candlestick patterns
Compilation of Bullish Reversal candle stick patterns
Blog list for the year

This is meant to be a learning experience above all. If you have a question, ask! Ask me anything

August 17, 2012

Trade Type:       Holding Period     3D Chart Combination
Scalpers      Seconds to minutes       1-minute 5-minute 15-minute
Day traders    Minutes to hours 1-minute 5-minute 60-minute
Position traders Hours to days              60-minute daily weekly
Investors                     Days to weeks             Daily weekly monthly
Institutions                  Weeks to years             Weekly monthly yearly

8:32pm | URL: http://tmblr.co/Z0U4FwReKSTe
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(Notes: 1)