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The Non Directional Trading Formula and Other Types of Trading
Some people may find financial market trading, such as foreign exchange trading, futures market trading, forex options trading, stock market trading, etc., as something very intimidating. This is for the simple reason that the terminologies and the processes may sound too complex. However, trading actually boils down to only three types. The levels of difficulty also differ.
The most common type, also the easiest of the three is the type that goes with the trend. This is also called the directional trading method that is also considered to be the traditional approach. It believes that movement in the financial market takes only a single direction thereby making it predictable. Traders go along with the trend as based on the past data gathered. Some approaches that fall under this type are the "Holy Grail" set up, the dummy trading, retracement type and a break-out type.
The next type is the one that counters the trend. It goes against the crowd and expects a change in direction. Many would not agree to a type that fights the trend but this has proven to have worked for many traders particularly those that pick tops and bottoms, so to speak. This is a legitimate way of earning profits in the trading business and many adhere to this method.
The last and most complicated type is the use of the non directional trading formulas and strategies. This is the most advanced but many investors find it quite intricate. It is also very difficult to execute and needs much automation. It is not easy to grasp but learning it will be to the investors benefit since it is the ideal type for a market that moves in many direction and is quite unpredictable. The present economic situation of the world makes this chaotic movement in the market possible. Let that not dampen your spirits and continue making profits with the use of a non directional trading formula.
About the Author
Timothy Stevens is a Forex Options Trader who owns http://www.NonDirectionTrading.com - He has helped hundreds of people on Trading Forex with Options.
He has recently developed a free e-course showing you a step by step process for starting your Forex Trading easier. To learn how to start Forex Trading with Options without wasting your time and losing more money, visit http://www.NonDirectionTrading.com/members/FreeReport.htm
Investment 101 - simple and fun
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