As the name suggests, overtrading is simply a situation when you are day trading for an extended period of time. This is usually a case when a person makes profits on a continuous basis. It is in these times that you tend to get carried away. With a flush in success, you may not realize that you could lose everything, as a result of excitement which leads to overtrading. The … [Read more...]
Momentum and Short Term Analysis Indicators for Day Trading
The internal dynamics of the market are really the only thing you have to analyze the short term. These include three groups of momentum indicators: price, volume, and breadth. The most important is price, which is a quantitative measure of trend. Volume and breadth are qualitative; that is, they provide an indication of the quality of the price trend. For example, if … [Read more...]