Marshaling Your Capital Resources to Begin Day Trading (Getting the Money to Start Trading)

New investors and day traders often wonder how much money they will need to get started in the trading business. To be safe, start small and grow bigger! And don’t forget to do a fair amount of simulated trading first!

Scheduling Your Success and Determining Your Time Frame as a Trader

Determining your time frame for investing will be your key as a day trader or investor to success. Once you set your goal of how much time you want to invest in trading, you will literally be able to schedule your own success.

A Unique Spin On Risky Living Beyond Day Trading With Day Trading As A Metaphor

Life is the ultimate value exchange, sure. It is also the ultimate commodity you trade with time as the value measurement.

What Is Forex Harmonic Trading?

If you’re like most Forex traders, you’re probably not making consistent money yet. You’ve also probably spent hours and hours looking for the best system, or even any system that will produce consistent profits. And if you’re like most Forex traders, you’ve probably seen a large variety of “systems” out there, but you’ve realized that many of them are very vague: while they give concepts, they don’t give specifics.

Reasons to Consider Using an Auto Trader For Your Trading

It’s no secret that trading can be difficult. Watching a position go against you and watching your account go lower and lower can be one of the most psychologically difficult things you can do. Trading is different from other professions in that in every other job, once you get paid, that money is yours to keep. But in trading, it’s possible to lose the money this week that you made last week.

Are You Reacting Or Responding? The Answer Lies in Your Awareness

During your days, you are doing one of two things. You are either Reacting or Responding. Everything that comes across your path that at some level is a surprise. Typically if things go as you plan them to and nothing happens, then you are in ‘control’ it would seem. You plan to go to the grocery store to get food, you go, get your food, and return safely. Nothing remarkable happens. You don’t have to React or Respond.

Harmonic Trading Vs Other Types Of Trading

Every single person who has entered the trading arena has tried to find a trading system that generates consistent profitability for them. Here is a look at a few of the methods that most people try as they grow as traders: Random Entry – Most people hear that “buy and hold works” so they just buy whatever they want and assume that it will eventually go up over time. This works well if you buy into a bull market, but what happens if you just happened to buy at the top right before a bear market?

Trading Strategies – 3 Rules for Safe Trading Strategies

Do you know how to win big and win safe with smart trading strategies? You’ll know 3 Rules after reading this article.

Night Trading – It’s For Anyone Who Works

We all know what day trading is. According to Wikipedia, day trading is “the practice of buying and selling financial instruments within the same trading day such that all positions are usually closed before the market close for the trading day.” Well, that makes sense. If you are trading stocks on the New York Stock Exchange, the Market opens at 9:30am EST and closes at 4:00pm EST. So any positions that are both opened and closed within that time are considered a day trade.

Sell Stock in Blocks!

I’ve been punished lately for my lack of discipline and execution on my exits, so it inspired me to write out some rules that I’ve neglected to spell out and prioritize. It’s not really that I’ve been bad about selling in blocks, it’s that I wasn’t executing properly and taking advantage of the benefits of breaking up your sells.

The Nikkei Is Starting to Show Signs of a Bottom

It can be easy to remain bearish on Japan, as their economy has been mired with troubles since it’s peak in 1989, but their are some subtle signs that Japan could be attempting to put in some type of bottom. As a market technician, I’m less concerned about the macroeconomics of trading and more concerned with what the technicals are telling us.

Stock Trader or Treasure Hunter?

For the past millennium, treasure hunting has been a popular human activity. While we may think of the activity as currently being relegated to archeologists and eccentric rich people with too much time on their hands, I propose that there’s a modern job that is actually another form of treasure hunting: stock trading. I speak from experience, because since early 2006, I’ve been a treasure hunter.

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