Study Guide for Come Into My Trading Room - Forex Factory

ADVANCED CONCEPTS
S E V E N
To succeed in trading, you need an advantage over your competitors.
The best edge is a very high level of discipline. Another good edge
comes from a deeper level of understanding of the markets. This is usually
based on having unusual and original analytic tools, that are not
available to the mass of traders.
Successful traders tend to rely on private tools and techniques, or else
they use commonly known tools in uncommon ways. Here we will
review two new methods—the Impulse System for finding trades and
SafeZone for placing stops. We will also look at the derivatives—
options and futures. A beginner is better off staying away from them and
learning to trade stocks, but an experienced trader may expand his area
of interest to include derivatives.
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