Trade Of The Week Review - Does Marketdeal's Trade Of The Week Really Work?

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By Dale McKinney


Do you want to learn more about the Trade of the Week service from the guys at TradingPub and how they can help you with your trading? This service goes into detail on the mechanics of many of the financial markets in the world, and places high emphasis on the importance of finding the right type of 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 the place where I am able to find the best traders to learn from since joining.

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

TradingPub's basic idea is to provide a specific platform to traders who want to join the website and give them access to free trading education offered by some of the top traders in the world. MarketDeal's Trade of the Week subscribers can easily put their resources online. Other subscribers can access these ideas within the community, and even exchange information with other members to stay updated. While creating this website for traders, the owners focused on three key objectives. The primary objective of the website is to provide coaching and education by the best traders. The second objective is to ensure the development of a community to make sure trading always remains enjoyable. Last but not the least, the third objective is to donate 10% of the revenue from the website to various charitable causes.

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

There are a total of twenty coaches in this service, and they cover more than 5 trading topics in the financial markts. These markets include the Nadex, options, stocks, Forex, futures and also goes into details of market psychology. Larry Gaines covers the concept of Power Cycle Trading, Dave Aquino, Chris Dunn, Rick Staiton, Bill Costarides will cover futures trading, Ron Haydt and Andrew Keene on options trading and Frank Stanley goes into the topic of market psychology. All these traders do in fact have their own reputable trading training sites, thus having access to this site really gives me great value in my opinion.

MarketDeal's Trade of the Week - One Major Drawback

Because trading is an emotional activity, one of the main drawbacks of following trading systems is that one could always get emotionally caught up, enjoy a long run winning trades and forget the fundamentals of trading. 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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