TradersClass

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Fib and Click Grid Print
Written by Site admin   
Tuesday, 05 August 2008 10:57

Transform your trading with the Fib & Click GridTM

Download by Clicking Here for your 10 day trial

The Fibgrid License is FREE to Tradersclass Members 

just email support@clickevents.co.uk for your unlock code

Additional install videos can be located here

Follow the steps below to set up your Fib and Click GridTM

 Step 1

 

 Step 2

 

 Step 3

 

 Step 4

 

Steps 5 - 9, click 'next' and install to complete the set up

 

 Step10

 

 Step 11

 

 

From the blog

How to be a professional trader

How to be a professional trader

The world we inhabit is dominated by the 80-20 principle.

Vilfredo Pareto changed the way we looked at many things, specifically micro-economics which he linked to social factors which went on to become popularised in recent years. Pareto observed the "law of the vital few". Approximately 80% of the effects come from 20% of the causes.

Nowhere is this more apparent than a glance at the small print at the bottom of every spreading betting website. They are now required to publish how many clients lose - you guessed it, around 80% of their customers lose money.

So, what of the remaining 20% or so?

There are is no shortage of horror stories from the 80%. Many have been there. This article describes the spiral into despair which results from marketing hype and personal hubris, the Superman effect, following modest successes. 

Reality? A recent research report from Psyquation indicated that fewer than 20% become profitable after two years and only 1.2% are successful enough to make trading their career. Sobering stuff for those new to the game, but is it gambling? Thanks go to long term investor Gary Scott for the article below:

Trading and Investing is gambling.

Until we admit this, we cannot invest like the pros. However, once we recognize that every investment is a bet, can we become a professional investor instead of a stock and bond gambler?
The fact is professional gamblers are not really gamblers. They are investing pros who cash in on the imbalances of gamblers. They invest in bets instead of stocks and bonds.

Read more...

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