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TradeSmart University – Tick by Tick

TradeSmart University – Tick by Tick

Ever since the dawn of the internet, day trading has found its way into the hearts and minds of more and more traders. The reasons are simple: 1) it’s fast. 2) You do not hold positions overnight. 3) Often you can make as much in one day as you would in a year. 4) the tools to effectively day trade at home are finally available to almost anyone who would like to be a day trader.

Tick by Tick takes a look at the world of day trading and helps would be day traders understand the process of day trading, the tools of day trading, and of course some trade setups and trading plans. This program is taught by Alphonso Esposito, a real day trader who has his money active in the market every day. Check it out and see why so many TSU students have found Alphonso’s experience and training to be so profitable to their own accounts.

Trending strategies

Tick by Tick is an 8-class series that works students through the ins and outs of day trading. Students will learn multiple strategies such as gap trades, climactic trades, and trend trades. They will learn how to use and implement multiple time frame analysis and synthesize the information they can garner from indicators. They will also learn about various intra-day trade setups, risk management and creating and following their day trading plan.

If you have ever had an interest in day trading or think it could be a style of trading to fit your personality, be sure to check out Tick by Tick. It’s included with every membership at TradeSmart University.

What is forex?

Quite simply, it’s the global market that allows one to trade two currencies against each other.

If you think one currency will be stronger versus the other, and you end up correct, then you can make a profit.

If you’ve ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you have in your wallet into the currency of the country you are visiting.

Foreign Exchange
You go up to the counter and notice a screen displaying different exchange rates for different currencies.

An exchange rate is the relative price of two currencies from two different countries.

You find “Japanese yen” and think to yourself, “WOW! My one dollar is worth 100 yen?! And I have ten dollars! I’m going to be rich!!!”
When you do this, you’ve essentially participated in the forex market!

You’ve exchanged one currency for another.

Or in forex trading terms, assuming you’re an American visiting Japan, you’ve sold dollars and bought yen.

Currency Exchange

Before you fly back home, you stop by the currency exchange booth to exchange the yen that you miraculously have left over (Tokyo is expensive!) and notice the exchange rates have changed.

It’s these changes in the exchange rates that allow you to make money in the foreign exchange market.

Salepage : TradeSmart University – Tick by Tick

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