So how hard is it to day trade well? You can answer that question with precision and before you risk any of your money if you start by paper trading. Even though this also applies to swing trading and longer term strategies, I’m going to focus on day trading. This is because day … [Read more...] about Paper Trading: 3 Reasons To Start Simulated
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Technical Analysis Of Stock Trends: 3 Chart Patterns
Technical traders love charts. Stock price charts tell us everything we need to know. And the technical analysis of stock trends can bring us success. If that is the case, why aren’t more traders profitable? One key reason is the myriad of price and volume data derivatives. … [Read more...] about Technical Analysis Of Stock Trends: 3 Chart Patterns
Day Trading Online: 5 Essential Tips For Success
Did you know that the chances of being successful at day trading online are less than 5%? This mirrors the odds of starting a small business and succeeding. The stakes are high in both cases. So you would expect traders and small business owners to be more cautious. You'd … [Read more...] about Day Trading Online: 5 Essential Tips For Success
Trading Journal: 11 Reasons You Need To Keep One
What’s so magical about keeping a trading journal? It’s no accident that the most successful traders have a trading journal. With all the benefits involved, it’s a wonder why more struggling traders are slow to catch on. There are no absolutes or right answers, but much of what … [Read more...] about Trading Journal: 11 Reasons You Need To Keep One
Pre Market Trading: 7 Essential Techniques
One of the most important things to master as a trader is what you do during pre market trading hours. How you start your day sets up your day. It either sets it up for success, or for failure. Did you hear about the Olympic gold medalist who was binge drinking right before the … [Read more...] about Pre Market Trading: 7 Essential Techniques
Trading Online: 5 Lies That Can Kill Your Success
Did you know the average casino goer is less at risk than the average person trading online? Studies have shown that casino game are set up to contain losses better than the average trader’s plan. That's scary stuff. With such daunting prospects, you would expect aspiring … [Read more...] about Trading Online: 5 Lies That Can Kill Your Success