Day Trading Quick Tip # 5 - Never Increase Your Stop Loss
Sunday August 31, 2008
Stop loss orders are additional orders that are designed to exit a losing trade while limiting the amount of money that is lost (hence the name stop loss). Stop loss ... Read More
Day Trading Quick Tip # 4 - Know Your Exit Before You Enter
Wednesday August 27, 2008
A complete trade requires both an entry and an exit. This seems obvious, but based upon the number of traders that enter trades without any idea of where their exit ... Read More
Economic Calendar With Volatility
Saturday August 23, 2008
This week's economic calendar includes approximately the same amount of news releases from Europe, the US, and Asia. The US has most of the high volatility news releases this week, ... Read More
Day Trading Quick Tip # 3 - Don't Be Part of the Herd
Wednesday August 20, 2008
Professional traders enter their trades when the probability of a profitable trade is high (based upon their testing and their knowledge of the market (tip # 1)). Somewhat experienced traders ... Read More
Day Trading Quick Tip # 2 - All News is Old News
Tuesday August 19, 2008
I recently received the following question as a blog comment:
Why is it lately that when good news comes out for a solar company does that stock go down? Why when ... Read More
Day Trading Quick Tip # 1 - Know Your Market
Monday August 18, 2008
Whichever markets you trade (index futures, individual stocks, forex, etc.) it is important that you know each of your markets individually. Knowing each market individually means that you have watched ... Read More
Economic Calendar With Volatility
Sunday August 17, 2008
This week's economic calendar includes many news releases from Europe, several news releases from Asia, and a few news releases from the US. All three regions have a few high ... Read More
It's Not a Loss Until I Exit, Right? ... Wrong!
Tuesday August 12, 2008
There are a couple of day trading sayings that amateur traders tend to believe, but that professional traders laugh at because they are a joke. If you are a trader ... Read More
Good Traders Know When Not To Trade
Sunday August 10, 2008
"Flat is a position too" is a saying that traders sometimes use when they are waiting for their next trade, or when they are avoiding a trade, but what does ... Read More
Economic Calendar with Volatility
Sunday August 10, 2008
This week's economic calendar includes many news releases from Europe, and several news releases from the US and Asia. All three regions have some high volatility news releases, so all ... Read More
When is it Okay to Lose $1,000?
Wednesday August 6, 2008
Beginning traders tend to get very upset when they experience a losing trade, and while this is a natural reaction, it is counter productive to profitable trading. Due to the ... Read More
Economic Calendar With Volatility
Sunday August 3, 2008
This week's economic calendar includes many news releases from Europe, several news releases from Asia, and a few news releases from the US. All three regions have some high volatility ... Read More