What is market profile? Market profile is essentially the market auction theory which has been around since the conception of mankind and is the bed rock for trading any market! This theory is the premise for more successful trading in any and all situations, whether it is day trading, position trading, eminis, futures, forex, stocks […]
Webster dictionary defines gambling as: A. to place a gamble for money or property, B. to bet on an uncertain outcome. To stake something on a contingency; take a chance. When trading is looked at, gambling takes a much more complex dynamic approach that what is presented in the definition. Money traders are gambling without […]
This title assumes a great deal. It assumes that as a trader you are already profitable and that markets are not ordinarily scary. If you can identify with these assumptions, then you have come a long way in your development as a successful trader. In as much as 95% of traders fail in their attempt […]
For anyone to even consider being a trader, it takes guts, that is for sure. However, there are quite a few traders that think trading with courage is kind of cool, that it makes them a rogue investor of sorts. The problem is, being courageous as a trader is really a red flag, and should […]
The last couple of summers have ushered in tremendous price volatility when day trading the ES e-mini contract. There were times when the market volatility was so extreme that normal backing and filling operations (market noise) could easily stop you out of your trade. In fact, if you chose to trade during these volatile periods, […]
Doesn’t that sound obvious and simple, buy low and sell high. Everyone understands that if you buy something for £2.00 and you sell it for £4.00 then you make money and if you buy something for £4.00 and sell it for £1.00 you lose money. So why don’t most investors do exactly that? Why People […]
For those of us who were born without the ability to look at a trading chart and determine potential risk and success, indicators are our best friends. What is an indicator? In this article, an indicator can be simply defined as visual feedback displayed on a chart that is based on market analysis. I’ve found […]
The U.S. stock market appears to have entered a new bear market since its high at the end of April. While Wall Street generally defines a bear market as a 20% decline, the average bear market drops quite a bit more. As of this writing, the market has declined over 14% from its April high. […]
Most of us are impatient when it comes to getting what we want, and this can include everything from our next meal to a significant return on our investments. But is it really realistic to get a big return on a stock market investment or a real estate property we recently purchased? What about all […]
There are a staggering number of day trading systems on the market today, and they range from fully automatic systems to exotic systems based upon astrology. The day trading systems which lie between these two extremes are the ones of interest to the average trader. For a novice trader, choosing a system is complex and […]
Support and resistance the two terms which keep the most potential place in the field of technical analysis. These two are very common among analyst (or for those who are experienced enough in Stock trading) but are regarded as a complex subject for those who are just learning to trade. Support and resistance are certain […]
When you think of traders you think of these people dealing with numbers and non-stop trading action either on the floor or electronically. In this day and age it is often the latter. While it is true that there has been a lot of traders who have experienced great success, there are also those who […]
Taking a scaled entry approach to your trading provides benefits in the form of increased flexibility, price discovery and lowering risk. It involves entering your position on a trade in several parts and instead of buying or selling all in one go you take part of your intended position first and then add to your […]
Candlestick analysis has been known to appear around the 1850s, wherein it has been credited to a rice trader who has been very legendary who was known as Homma who is from the Sakata town. His ideas were then modified and in the long run refined through the years of trading which then resulted to […]
How many times have you wondered how to make heads or tales of technical read outs? Or that the pros make it look so simple? Well myself I have wondered and wondered. I at times in my early trading career saw patterns and recognized head and shoulders but I also lost money. So what did […]
Any experienced day trader knows that psychology plays a bigger part in their trading than any other single factor. Any type of trading has its ups and downs and as a trader, you have to know how to deal with them or you will end up in a bad position. If you trade for a […]
In most aspects of life, it’s safe to say that timing is everything. Whether it’s arriving to pick up your prom date ten minutes early instead of ten minutes late, or waiting to buy a new refrigerator until the retailer announces their final sale prices, getting the timing right for major decisions can have significant […]
More Basic Trading Plan Mistakes. 1. Letting a profit turn into a loss. Take your profits when you’re trading plan says you should. Always remember it is very hard to lose money if you are taking a profit. Do not beat yourself up if you exit a trade and it goes up a lot further […]
Index CFDs are by far one of the most popular Contracts for Difference products on the market today and for very good reason. They allow you to control large positions for a very small outlay, they are usually commission free and all CFD brokers give you access to free data with live prices and charting. […]
I moved to spread bets for trend following stuff rather than investing, and as an added bonus with spread betting you can take up short positions. I found the learning curve steep, especially on index spreads due to market volatility often triggering stops even when you make a good call on direction. I now tend […]
We all enter day trading for the profits promised in the seminars, right? But what do you do when your trading takes a turn for the worse. It is critical that you manage this phase of your trading, because if you don’t your trading career will be short lived. You’re trading for a few weeks […]
The so-called Forex trading robot has now been widely known among traders in the Forex market. This is actually a by-product of programming languages that has been advanced and developed over the years. It is a system that has put mechanical and manual terms of trading in to an automated operation. This is never easy. […]
You might be aware of the fact that great leaders are not born, but created in this very earth, and the same implies to investors and traders too. If you have self-confidence, the right motivation, perseverance, discipline and self confidence you can battle out all odds in the online share market. But those who lack […]
Most people would liken stock trading with gambling. However, in truth, the two couldn’t be more different. In fact, stock trading isn’t simply buying and shares as well. Developing a good trading strategy is the key to making it in the stock market. A stock market simulator, is an online game application that duplicates aspects […]
Most traders have heard of seasonal patterns, something which is mostly associated with commodities. The foreign exchange market also has calendar patterns which influence trading, and just like in commodities, traders can take advantage of them to improve their odds for success and profits. Monthly PatternsNearly all currency pairs have one or more months during […]
Initially, only banks and other financial companies had access to the information involved in this type of trading. Little by little, and mostly thanks to services on the Internet, traders who work on an individual basis were also allowed to access such things as the exchanges and market information. This allows them to make extremely […]
