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Almost all electronic financial markets trade based on an auction market. Understanding how financial auction markets operate is paramount for anyone interested in becoming a successful trader. In traditional auctions an auctioneer conducts the auction process. Typically the auctioneer will…
New traders tend to believe that the recipe for success in trading is a system or technique that can generate buy and sell signals. Initial intent is to look at myriad of indicators like Stochastic, Bollinger bands, RSI, Momentum, Money…