Don’t try to change your device ID. EMA’s aka exponential moving average and SMA’s aka simple moving average lines are important trading indicators. Not just in day trading. Both of these moving average lines take the average price of specific time frames and create a trail of moving lines that traders pay particular attention to when finding critical support and resistance areas.
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Agree with everything @TraderTim said A daughter hears her father's last words – can she help convict his killer? Major Currency Fundamentals The following two tabs change content below.
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Property Computers Traders do not often prepare charts themselves, but rely upon professional charting services to provide real-time data and analysis using sophisticated software programs such as IQ Charts, MotiveWave, or OmniTrader. Successful traders interpret the results and take action based upon their “feel” of the situation, learning through trial and error.
Taxes I know some very good daytraders. In the long run it is possible to make money daytrading. But it’s hard and it takes years to build the psychology. Every good daytrader I know suffers from all of the above.
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Day Trading Software: 6 Things you need to know James, I commend you for your honest and humble assessment above. I know, I have lived this walk, and in the end, life is much more enjoyable, productive and livable when spent not daytrading. God bless.
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