Trade Of The Week Review - What Is Tradingpub's Trade Of The Week?

By Dale McKinney


Recently, the guys at TradingPub came up with a Trade of the Week service. If you want to know more about this service, you've come to the right place. Trade of the Week can help you a lot with trading. This particular service goes into detail of various mechanics of different financial markets in the world. It also places a lot of emphasis on the significance of finding appropriate markets to trade. Hence, it is the main reason why some people can trade profitably on specific markets, yet find it difficult to teach it to others because of their own personal differences. TradingPub is also an exceptional place to find some of the best traders in the world.

MarketDeal's Trade of the Week Service - Goals & Objectives

The whole idea of this site is to provide traders who join its site access to free trading education and access to the ideas provided by the top traders. By putting their resources online, MarketDeal's Trade of the Week subscribers can make use of the web to access these ideas, have a community to exchange ideas with and get up-to-date trading ideas. While creating this website for traders, the owners focused on three key objectives. The first main objective is to provide coaching by the top traders, second is to ensure there is a community to make sure trading remains enjoyable, and lastly, 10% of all revenues generated from the site are donated to charitable causes.

MarketDeal's Trade of the Week Service - Trading Coaches & Markets

In this service, there are 20 different trading coaches. These coaches cover over 5 trading topics in the financial markets. Some of these markets include the Nadex, Forex, options, futures, stocks and even details of market psychology. While Larry Gaines covers the basic concept of Power Cycle Trading, Rick Stainton, Chris Dunn, Bill Costarides and Dave Aquino will cover futures trading. Similarly, while Andrew Keene and Ron Haydt will cover options trading, Frank Stanley will talk about market psychology. All the traders mentioned in this post have their own reputed trading training websites. Therefore, access to their skills and knowledge on a single platform can be a very valuable option.

MarketDeal's Trade of the Week - One Major Drawback

Since trading is fundamentally an emotional activity, there is a major drawback to almost every trading system. Many traders who get caught up will increase the size of their trades, and winning these trades make it even worse since they will be even more inclined to increase their trade sizes further. Soon, emotionally affected traders begin increasing their stop loss sizes to try to make more money, go after the wrong trades and make a whole host of other mistakes. Thus, it is important to always remember to keep money management as a priority even as you follow the trades.

It's not long before such traders start increasing stop loss size to make more money. They even go after wrong trades, and make many other mistakes. Thus, it is extremely important to make money management your foremost priority. In case you want to join this service, you can start with once a week free training session. This will get you easy access to the company's membership website. You will also be able to watch previous training sessions, and check if the trading methods suit your style.




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