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Alexander Elder – [Full course video] Lessons From a Traders’ Camp 1999
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This is a Traders’ Camp 8-hour long video filmed in 1999, at the tail-end of a massive bull market. It focuses, among other topics, on preparing for a bear market, learning to sell short, etc. You can find the lessons of this video especially useful in the current market environment. This is the next best thing to spending a week in a Traders’ Camp, as a member of a small group of serious traders, learning from Dr.Elder at a tropical resort. Watch this video in the comfort and privacy of your home or office – it will give you a good handle on trading psychology, technical analysis, and money management. You’ll receive countless trading ideas and practical rules for current markets. This course covers individual psychology, mass psychology, making trading decisions, controlling risks, applying indicators, using a screening system, stock market indicators.
What is forex trading?
Forex, or foreign exchange, can be explained as a network of buyers and sellers, who transfer currency between each other at an agreed price. It is the means by which individuals, companies and central banks convert one currency into another – if you have ever travelled abroad, then it is likely you have made a forex transaction.
While a lot of foreign exchange is done for practical purposes, the vast majority of currency conversion is undertaken with the aim of earning a profit. The amount of currency converted every day can make price movements of some currencies extremely volatile. It is this volatility that can make forex so attractive to traders: bringing about a greater chance of high profits, while also increasing the risk.
Alexander Elder – [Full course video] Lessons From a Traders’ Camp 1999
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