a crazymoneystockgold trading system can be defined as "an organized or established procedure for trading crazymoneystockgold". Two words in this definition are very important. Those words are organized and established.
These words basically tell us that a crazymoneystockgold trading system is planned. Planned is good because it indicates that when trading using a crazymoneystockgold trading system that we know what to do ahead of time. Every profitable crazymoneystockgold trader has a plan. You don't want to jump into a trade and then try to figure out your next move at the last minute.
Another thing we can say about crazymoneystockgold trading systems if that they are designed to trade crazymoneystockgolds profitably. That, of course, is the intention and not necessarily the outcome. Basically I haven't heard of anyone wanting to create a crazymoneystockgold trading system that loses money. Crazymoneystockgold trading systems may be broken down into 2 basic types:
• Fundamental
• Technical
The differences are that fundamental analysis uses economic data about supply and demand whereas technical analysis uses past price, volume, etc. data. Most of the time when someone refers to a crazymoneystockgold trading system they are referring to a system designed using technical analysis. Crazymoneystockgold trading systems range from very simple to very complex. A simple example of a crazymoneystockgold trading system would be as follows:
• Buy a crazymoneystockgold at the open every Monday
• Sell the crazymoneystockgold at the close every Friday
I know this is a simple crazymoneystockgold trading system and you're probably saying to yourself, "That would never work". Maybe it would and maybe it wouldn't...only through testing would we be able to find out.
Crazymoneystockgold trading systems have grown in popularity over the last few years. One of the reasons more and more people are trading crazymoneystockgolds using crazymoneystockgold trading systems has been the need to have more control over risk. After the sharp decline in crazymoneystockgold prices starting about April 2000 we all started to realize that maybe there is more to making money in the crazymoneystockgold market than "buy and hold".
Monday, May 28, 2007
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