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a b Schiffman, Marc; Mitchell, Gail (November 16, 2002). "Amid Changes, Local PDs Still Call Shots on Music". Billboard. Nielsen Business Media, Inc. 114 (48): 119. ISSN 0006-2510 . Retrieved August 12, 2013. David Rodigan, who had been with Kiss since its legal launch in 1990, resigned in November 2012, citing the "continued marginalisation of reggae music" on the station. [20] The foreign exchange market, or forex, is one of the largest and most active financial markets in the world. With trillions of dollars in daily trading volume, it offers a wealth of opportunities for traders looking to return from fluctuations in currency prices. However, navigating this complex market can be challenging without a reliable trading system. That’s where the KISS (Keep It Simple, Stupid) forex trading system comes in. As the name suggests, this system is designed to be straightforward and easy to use, even for novice traders. It is based on a few key principles, such as following trends and using basic technical analysis, and is intended to help traders make consistent return over the long term. Kiss Forex Trading System Strategy Hayes, Alex (November 9, 2014). "Mix Melbourne rebranded as Kiis with Hughesy and Kate returning to radio replacing Rosso in Drive". Mumbrella . Retrieved October 17, 2020.
Risk management: The system does not provide specific guidance on risk management or position sizing, which may require additional analysis or adjustment.The K.I.S.S method, as it relates to Forex trading, is built upon an understanding that the best way to navigate the market is by learning to interpret and trade the raw price action signals that form naturally in the market. By trying to force a set of strict indicator based trading rules around the unbounded arena of financial markets, many traders unknowingly make trading infinitely more complicated and difficult than it ever needs to be. On December 15, 2008, Clear Channel reached an agreement to acquire five CBS Radio stations, one of them being KBKS (106.1 Kiss FM) in Seattle. In return, CBS would acquire two Clear Channel stations in Houston as an effort to expand its focus on the larger markets. The fact is, that while almost all traders would say they want to make trading a simple process, they are going about it in the totally wrong manner. Trading can only become simple once you forget about the idea of finding a perfect indicator-based trading system that will work in all market conditions. Markets are just too volatile and complex to ever be dominated by a piece of software code or a mechanical set of trading rules. How do you “Keep It Simple”? Clear Channel has pursued legal claims against some station owners using branding similar to KISS-FM. Some stations have dropped KISS branding as a result. Examples:
Reynolds, Megan (December 19, 2013). "ARN's rebranded Kiis 1065 Sydney faces legal threat from Melbourne's Kiss FM". Mumbrella . Retrieved October 17, 2020. In the United Kingdom, Kiss, formerly known as Kiss FM, has become one of the biggest radio brands/networks. It started as an illegal station in 1985 but relaunched legally in 1990.a b c d e Wilde Mathews, Anna (February 25, 2002). "Clear Channel Uses High-Tech Gear to Perfect the Art of Sounding Local". The Wall Street Journal . Retrieved August 12, 2013. What a joy it is to actually feel like i am understanding the chart and the price action. Keep up your good work Nial… all the best, Max, near London, England. Reply If the power of simplicity in Forex trading was not clear to you yet, analyzing the charts above should make it more than obvious to you. I have seen many beginning and struggling traders try to trade with charts that look like the second one above with all the indicators on it. To be honest, I’ve seen traders trying to trade on charts that actually have more indicators than the example above…believe it or not. Michaels, later Clear Channel's chief executive officer, and brand manager Todd Shannon likened the KISS model to McDonald's. [4] [5] "When you see the KIIS ball logo, there's no mistaking what you're going to get. It's a Top 40 product, but they're all localized inside," Shannon said in 2002. [5]
How does one keep their Forex trading simple? Well, no pun intended…it’s actually pretty simple; STOP looking for the next “perfect” Holy-Grail trading system and START looking at the price bars on your charts. By learning to read price action on a raw, “naked” price chart, you are learning an art and a skill at the same time. The “art” part of the trading equation is what allows some traders to make a full time living in the markets while the masses who are struggling to find the next best indicator system continue to lose money by trying to fit a square peg into a round hole, so to speak. A year later, EMAP sold its radio division to Bauer Radio. [17] DAB changes and Rodigan departure [ edit ] The acronym K.I.S.S. stands for Keep It Simple Stupid. This acronym is as applicable to the field of Forex trading as it is to any. ‘Keeping it simple’ in regards to your Forex trading means keeping all aspects of your Forex trading simple, from the way you think about price movement to the way you execute your trades.
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How did famous traders like George Soros, Jesse Livermore, and Warren Buffet make their millions (and billions) in the markets? Not through complicated trading software or lagging indicator based trading methods, but through a discretionary market perspective that was developed through an awareness of price dynamics and market conditions in the various markets they traded. Clean vs Messy
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