Stock Market – Simple Steps for Catching Every Trend
The greatest advances in trading psychology are being made through improved understanding of what is going on in the subconscious level of the mind. Do you really know what makes you tick? Was your trading performance down because you were caught in rush hour traffic (frustration)? did not accompany your son to school (guilt)? developed an adversity to public performances, and by extension entertainment stocks, in the eighth grade (fear)?How to Evaluate a Day Trading Strategy?
What do you consider before using a day trading strategy? Learn how to choose the best day trading strategy for yourself.Five Powerful Levels of Support and Resistance Every Day Traders Should Know
In this article I show you five simple ways to find powerful support and resistance levels on your day-trading chart. Whatever your trading strategy using any combination of these levels will help you find better trade entries and targets and avoid bad trades, improving your actual trading results.How To Tell If The Market Is Ranging Or Trending
In forex trading, it is important to figure out if the market is trending or ranging. This helps traders pinpoint their entry and exit levels for their trade setups. When the market is making higher lows, it means that it is trending higher. When the market is making lower highs, it means that it is trending lower. When price action is simply moving sideways between support and resistance, it means that it’s in a ranging environment.Broker Review
I still recalled the day that I attended a large Forex conference in New York City, NY. a number of years ago and watched the managers of a large-scale forex education company illustrate all the reasons why they suggest MF Global as the best broker. The very next week I saw the report that MF Global had gone under.Market Voids – The Invisible Sink Holes for Retail Investors and Traders
Market voids were once rare events, now are occurring more often as the use of Dark Pool ATS platforms increase. Market voids are when the most important and influential long term market participants stop buying stocks and sit on the sidelines.Trading Systems Vs Trading Psychology
Trading systems vs Trading psychology. Is it possible for a trading system especially the mechanical one get rid of the psychology in trading? Eliminating emotion from the equation?7 Keys To Successful Day Trading
1. Successful traders stay neutral: Staying neutral means to be emotionally detached from your trading decisions. I’ve met many day traders that were emotionally suffering for the rest of the day after losing $100 or even less and when they made $1000 they would be “on top of the world”.Reasons Why Forex Traders Need A Trading Plan
In forex, a solid trading plan will define how you enter and exit trades, how much you risk per trade, and what adjustments you should make. Having one will help you keep track of your trading progress better and it will help you avoid mistakes, but it requires a lot of discipline to stick to the plan. Fortunately, enough practice and screen time will equip you with the self-control needed to follow your trading plan.Day Trading Companies – Top 3 Places To Trade Stocks Online
Are you finding it hard to decide what trading company you should go with? They all are fairly similar when you look at them from an online standpoint, but what about performance? What can you really expect to get from the top companies in the industry?Successful Day Trading With The 500 E-Mini
So, you want to master the S&P 500 E-mini? Well, there is a couple things that you can do to make sure that you have the best chance possible.Pros and Cons of Self-Taught In The Stock Trading Industry
When it comes to learning to trade stocks there is only two ways this can be done. One, you can get some type of instruction, such as schooling or going through a specific set of classes, or two, you can just learn how to trade yourself. In this article we will be discussing the positives and negatives about being self-taught.