Successful swing trading is about identifying trends and employing strong risk management. Swing traders wait patiently for prices to move into their forecasted range, anywhere from overnight to a week or two. This means that every swing trader makes extensive use of the full range of order types, from the essential stop loss to exit […]
Table of contents The Basics Upload Speed Download Speed Other Important Factors with Internet Speed Day traders must have a set of services and tools in order to do their jobs effectively. Most of them likely already have some of the required tools. But, one of question that is often brought forward by a majority […]
Options trading is one of the most exciting and rewarding areas in contemporary finance. While options started as a highly technical and specialized derivative used mainly for placing small hedges on major equity positions, they have blossomed into extremely popular trading tools used for the creation of highly complex and sophisticated positions in every market, […]
Reaching the point of trading consistency is the ultimate goal of every trader. And, to achieve that milestone, you will need to incorporate the three pillars of trading success in your trading. These three steps will require discipline and practice before you will be able to fully utilize them in your trading. Let us dive […]
Trend trading is one of the hottest strategies in the current investing world. From commodities to Asian equities, investors of all shapes and sizes are amplifying price movements by trading with the momentum of the market. However, trend trading is not as simple as just buying when a stock is rising and selling when […]
Successful day traders rely on a number of essential tools for effectively employing their trading strategies. One of these essential tools is an accurate and detailed stock screener that allows day traders to identify potential trades by sorting stocks based on selected criteria. Fortunately there are a number of free stock screeners that are nearly […]
Setting up your day trading station can be intimidating, particularly if you are not technologically-inclined. Most of the guides for setting up day trading stations are overly-complicated and designed to sell you specific expensive products that you usually do not need. Fortunately it is actually a very simple and inexpensive process. In this brief […]
Mirror trading is the act of simply copying or ‘mirroring’ a different person’s trades. The idea is that one should be able to simply copy the action of a successful trader, and then reap the same rate of success. As simple and intuitive as this proposition sounds, mirror trading is actually a bad idea. Even […]
Very few people are aware that they can actively manage their investments in their IRA and can actually even day trade in them! The benefit to doing so is obvious: you can maximize your returns while still enjoying the benefits of tax-deferred saving and tax-free profits. However, there are some limits to active trading within […]
Day Trading Observations Hi all, John L10 here! First, I apologize for those who enjoy reading my monthly article submissions, I have not kept up and the result of that is there is no submission for October or November. Fortunately, my trading stats are public through the November Warrior Trading Challenge, so we don’t really […]
