Written by admin on February 1st, 2011
There Are Two Types Of Stock, Futures, and Forex Traders
Some traders will go through system after system, teacher after teacher, wasting thousands of dollars not only in useless systems but in lost trades before they realize they’ve been approaching the markets from the wrong standpoint because they’ve been trying to trade the wrong type of system.
Continue Reading...Written by Trader Shane on December 21st, 2010
Penny Stocks A Profitable Roller Coaster
New investors are being drawn by the appeal of what is known as penny stocks because of the low price and the potential for quick financial growth which can soar as high as as one hundred percent or more in just a few days. But, on the down side, severe loss can occur just as [...]
Continue Reading...Written by admin on December 15th, 2010
Day Trading Education: Are You Really Ready To Trade?
With all the information available online, you may have decided to begin your day trading education online. Unfortunately, among all the good information, there is a lot that will send you down the wrong course fast.
Continue Reading...Written by admin on October 13th, 2010
High Low Breakout Technique
This technique can be used for any market that has a decent daily range. If you look at any chart, what do you see? You should see a succession of bars that are doing one of three things. 1. Going up 2. Going down 3. Going sideways Unless today’s bar turns out to be an [...]
Continue Reading...Written by admin on October 6th, 2010
An Introduction to Day Trading
Day trading is defined as the buying and selling of a security within a single trading day. Day trading is a strategy for playing the stock market, where “playing” means trying to make money. Day trading is designed to produce short-term profits. Day trading is clearly a phenomenon of our times. Day trading is not [...]
Continue Reading...Written by admin on August 28th, 2009
Dealing With Market Uncertainty
The nature of the markets is uncertainty. Human beings do not like uncertainty. In fact we fear it at the very depths of our soul. Much of our society has evolved in an effort to reduce the uncertainty we face in day to day life, through controlling the environment, and implementing a structure of laws, [...]
Continue Reading...Written by admin on April 15th, 2009
Financial Trading – so many markets, so little time
Would you like to make money from trading but don’t know how to trade?Have you heard of others making a killing on the markets and wished yourself in their position? Trading covers a multitude of markets. Mention “trading” to a non-trader and they’ll probably think of stock and shares but there are many other markets [...]
Continue Reading...Written by admin on April 7th, 2009
Transitioning From Part-Time to Full-Time Daytrading: Ensuring Sufficient Income
One of the toughest times of my life – that threatened my own psychological wellbeing as well as the potential safety and security of my family – was in early 2004, when I first made the leap from part-time to full-time trading. I had the required knowledge. I had the required skills. I was a [...]
Continue Reading...Written by admin on April 1st, 2009
Using Technical Indicators: Bollinger Bands & MACD
A good understanding of the basic tenets of technical analysis can vastly improve one’s trading skills. When using technical analysis, price is the primary tool. Simply put, “everything is already in the rate.” However, technical analysis involves a bit more than simply staring at price charts hoping to find a “yellow brick road” to a [...]
Continue Reading...Written by admin on March 24th, 2009
An Unspoken Rational Approach
If you put on a trade and your heart starts pounding, you are *not* ready to trade yet…Some people who aren’t ready to trade have other problems as well: 1. Pulling the trigger to get in 2. Staying with one trading strategy long enough to judge it 3. Letting good trades go bad Day trading [...]
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