Why Traders Can’t Take Losses
The concept of money management and the psychology of money management is the most important overlooked factor of successful trading. So in this unit, we will study one of the most important components of the psychology of money management. That is the...
Why DAX Traders Lose Money
Psychology and mental aspects are essential. Unfortunately, they are often not strengths for most DAX traders. So it is worth spending some time to understand why most DAX traders lose money. When we are new to trading, we constantly see the statistic that 90% of...
Using the Parabolic SAR (DAX PSAR)
This is the final unit in the technical indicator module of the course. Today we will look at the Parabolic SAR indicator on the German DAX (DAX PSAR). This will help you determine when to enter and exit the market, once you find a trend. You already know from the DAX...
Using the DAX ADX Indicator Introduction
Today we are going to learn about the Average Directional Index on the German DAX or DAX ADX for short. This is a technical indicator which helps traders determine the strength of a trend. Finally it is useful for learning whether the market may be switching from a...
