Articles Index
Day Trading Tools
List of the tools needed for day trading, with minimum specifications and recommendations. Includes discussions of trading computers, Internet access, direct access brokerages, trading and charting software, and market data.
How Market Prices Move
Explanation of how buying and selling moves market prices, with reference to individual trades and how they are displayed on the time and sales.
Time and Sales
Description of the time and sales (or tape), with an explanation of the trading information that each element of the time and sales represents.
Introduction to Scalping
Description of the trading style known as scalping, with examples of the type of trades that a scalper would make.
The Best and Worst Ways to Learn Trading
Descriptions of the most popular methods of trading instruction, with my recommendations for which ways are the most effective, and my suggestion for an alternative to learning trading.
Choosing a Trading Seminar
Discussion of trading seminars, and whether they are the best way of learning trading. Topics covered include recommendations for choosing a suitable seminar, and suggestions for the amount of money that a trading seminar should cost.
Stop Loss Orders - Market or Limit?
Discussion of whether stop loss orders should be market or limit orders, with an explanation of how each type of order can affect the stop loss.
Trading Stock Indexes
Discussion of trading stock indexes using futures and options markets, including charting the stock indexes while trading the futures and options markets.
Trading Using Leverage
Discussion of trading using leverage (margin), and whether leverage is an efficient use of trading capital, or a quick way to lose a lot of money.
Discretionary or System Trading
Descriptions of discretionary trading and system trading, with suggestions for choosing the correct type of trading for your personality, and examples of each type of trading.
Choosing a Trading Style
Discussion of different trading styles, and suggestions for finding the trading style that best suits your personality.
Buying and Selling Volume
Description of buying and selling volume, including how each type of volume affects the current market price.
The Bid, Ask, and Last
Definition of the market prices known as the bid price, the ask price, and the last price, with an explanation of how these prices affect day trading.
Stop or If Touched Orders
Explanation of the differences between stop orders and if touched orders, with examples of how using the wrong type of order can greatly affect your trading.
Which Markets can be Day Traded?
Introduction to the markets that are available to day traders, including some popular futures, options, currencies, and stock markets.
Day Trading Order Types
Description of the day trading order types that are combined to make a complete trade. Includes market, limit, stop, stop limit, market if touched, and limit if touched orders.
Overcoming a Losing Streak
Discussion of day trading losing streaks, with examples of acceptable losing streaks for different types of trading system, and suggestions for overcoming a losing streak.
Emergency Hedging
Description of emergency hedging, and an explanation of when it is used, with examples of emergency hedging strategies.
What is Day Trading?
Explanation of what day trading actually is, and how it relates to other styles of trading. Includes some of the differences between day trading styles, types of trade, and day traders' personalities.
Trading Logs
Discussion of trading logs, including the information that a trading log should include, and the different formats that a trading log can be stored in.
Day Trading Charts - Bar, Candlestick, and Line Charts
Descriptions of bar, candlestick, and line charts, with the trading information that they represent, and instructions for reading and interpreting them during trading.
Fundamental or Technical Analysis?
Discussion of the differences between fundamental analysis and technical analysis, and which type is better suited for day trading.