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  • The 5 Stages of TradingPsychologists have created a model for assessing how people change their behavior. Commonly known as [...]
    Day Trading Strategies That Work

Day Trading Strategies That Work

The phrase “day trading” implies a strategy that involves making transactions during the trading day for a particular security, currency pair or commodity future. Furthermore, day trading strategies generally require that all trading positions must be liquidated before the close of the relevant market on the day they were opened. While [...]

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    Day Trading Slogans Worth Remembering

Day Trading Slogans Worth Remembering

A number of useful financial market slogans have stood the test of time, and their wisdom is frequently passed down orally from experienced traders to their novice apprentices. Some of these sayings might seem so obvious that they appear humorous, while others wisely warn of the hidden perils of letting your [...]

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    Applying Technical Analysis to Day Trading

Applying Technical Analysis to Day Trading

Most day traders use some form of technical analysis of the price action of the market or markets they are watching. The following sections contain a discussion of the ways in which to effectively apply well established technical analysis methods to day trading. Price Charts Used in Day Trading The price [...]

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Applying Technical Analysis to Day Trading

  Applying Technical Analysis to Day Trading

Most day traders use some form of technical analysis of the price action of the market or markets they are watching. The following sections contain a discussion of the ways [...]

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Pros and Cons of Self-Taught Day Trading

  Pros and Cons of Self-Taught Day Trading

Jesse Livermore is one of the most profitable self-taught traders to have every lived. His mathematical genius certainly was a big help, however, he did not receive any formal training [...]

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Pros and Cons of Formal Day Trading Education

  Pros and Cons of Formal Day Trading Education

As day trading has become more accessible through online and electronic resources the demand for formal training has increased significantly. In the world of day trading, there are many institutions [...]

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Understanding and Identifying the Impact of Greed when Day Trading

  Understanding and Identifying the Impact of Greed when Day Trading

Wikipedia defines greed as “an excessive desire to possess wealth or goods.” Greed is one of the most basic human characteristics. It is present in almost every day trader and [...]

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The Impact of Expectation on Day Trading

  The Impact of Expectation on Day Trading

In most professions individuals tend to pursue certain goals or objectives based on what they believe they can achieve or how much money they would like to make. For the [...]

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Tips for Selecting a Proprietary Trading Firm for Day Trading

  Tips for Selecting a Proprietary Trading Firm for Day Trading

Trading is the ultimate example of a profession that requires money to make money. If you are one of those individuals who have lots of risk capital that can be [...]

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Three Tips for Conquering Over-Trading

  Three Tips for Conquering Over-Trading

There are many obstacles that day traders have to overcome in order to achieve a level of mastery. One of these obstacles is over-trading. This may sound impossible but there [...]

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Today’s Day Trader Strategy

One of the most common and destructive mistakes a day trader makes is to simply not follow their plans. Temptation, an “obvious signal”, and just simple greed can lead traders down the road of being undisciplined. This is without a doubt one of the most dangerous mistakes, as traders will often lose more than they originally planned as they raised their amount risked.

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