Trading breakouts in stocks and other markets can be one of the most profitable setups one can utilize in their trading arsenal. The fact is that markets, and stocks specifically, spend most of their time trading in a range. Because they have this tendency for sideways price action, when markets do happen to expand their price action the magnitude of movement can be extremely … [Read more...]
4 Steps For Back Testing To Jumpstart Your Day Trading
Back testing is a necessity for anyone day trading a strategy and is serious about this business. If you have experience in trading then you will have learnt a lot of stuff along the way but by planning and having confidence in your strategy can make a huge difference to your bottom line. It can be the difference between a healthy account and one that is often on margin … [Read more...]
Day Trading : Plan Your Risk and Strategy Properly
Day trading online is fast becoming one of most popular ways to make a living from your own home. You have to be careful however as there are far more losers in trading than there are winners. Have the right strategy, money management and indicators then soon you will find yourself leaning towards the winners. However there are many people who don’t treat the market with the … [Read more...]