QuickTips Index
Trading is not about Searching for Trades
Discussion of why searching for trades is not trading, and how technical analysis should be used to determine when and where to make trades as either a discretionary or system trader.
Choosing the Best Chart Time Frame
Discussion of chart time frames, with an explanation of how to choose the best chart time frame for your trading system and trading style.
Sentimental Trading
Discussion of the psychology of sentimental trading, and how getting attached to your trades will have a negative impact on your profit and loss.
Short Options Trades Are Not Risky
Discussion of the increased risk that is incorrectly associated with short options trades, with an explanation of how short options trades' risk compares to other types of trades.
Trading with a Small Account
Discussion of under capitalization, and how it affects a trader's ability to make a profit, with advice for traders who have small trading accounts.
Calculating One Percent Risk
Description of the one percent risk management calculation, with an example of how the one percent calculation is used to determine the size of a stock trade.
How to Exit an Options or Warrants Trade
Explanation of how to exit an options or warrants trade, and why not exercising options and warrants is more profitable than exercising them.
Leverage is Good, and More Leverage is Very Good
Discussion of how leverage affects the potential profit and loss of a trade, and why professional traders always trade using the highest leverage possible.
Trading Options As Insurance
Discussion of trading options as insurance for another trade, with explanation of which options trades should be used for which underlying trades.
How To Place Stop Loss Orders
Discussion about placing stop loss orders, with suggestions for where, and where not, to place stop loss orders depending upon how they are being used.
The Holy Grail of Trading
The holy grail of trading is revealed, including a description of the holy grail, and suggestions for using the holy grail in your trading.
Options Profit and Loss
Description of how options trades either make or lose money, with explanations of the various possible options trades.
Long and Short Options Trades
Description of which options trades are long and which options trades are short, with reference to both the options market itself, and the underlying market.
Forex Market Prices
Forex markets trade slightly differently from other popular day trading markets because there is no last trade price. Find out why the last price is missing, and what this means for your forex trading.
Calculating Your Break Even Percentage
Description and calculation of the break even percentage, which shows the ratio of winning and losing trades that are required for a break even profit / loss.
Moving from Simulation Trading to Live Trading
Discussion of the emotions that occur when new traders move from simulation trading to live trading, and the mistakes that these emotions can cause.
Trading During News Releases
Discussion of whether day traders should have active trades, or be flat (no active trades) during news releases.
Trading in Simulation
Description of trading in simulation, and its advantages over trading live when making your first few trades.
European or US Style Options
Description of the difference between European and US style options, and list of popular futures and cash settled options in both styles.