People from every corner of the globe are finding success in the markets. Many of them even make a full time living from it. Whether it’s with currencies, stocks, or futures there is a new fortune to be made every day. Furthermore, it’s an awesome feeling to have a hunch about an asset and then make a cool profit from it. However, there are a few different styles of trading. … [Read more...]
Trading Stock Breakouts – The Simple Explanation
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...]
DayTrading Fail: Know The Basic Indicators First Before Advancing
Forex charts are used by foreign currency traders to help determine buying and selling opportunities. In addition to simple charts that show general trend patterns, many indicators are used by traders to witness price action movement on a much deeper level. Most charting software platforms provide a wide range of indicators for traders to measure trend strength, possible trend … [Read more...]
You’re Insane To Daytrade Options Without Understanding Them
Whoever said they can’t make money in a bear market may have been overlooking options trading. In fact, with call and put options traders are able to make money no matter what the market is doing. Perhaps, this is the reason why so many are flocking to this type of trading in record numbers these days. But with this huge hype around option trading many are diving in too … [Read more...]
So You Want to Live the Life of a Daytrader?
Day traders are a relatively new breed of investors. The popularity of daytrading has skyrocketed in recent years with the advent of internet brokerages, providing traders with easy access to the markets. Unlike traditional buy and hold investors who realize potential gains through riding a stock for days, months, and sometimes years, day traders make their profits by scalping … [Read more...]
Read This if you Want to be Successful at Day Trading
Any experienced day trader will champion proper mindset as one of the most important factors to having success in the markets. To put it simply, day trading is not for the faint of heart. This style of trading moves very quickly as opposed to many others and having the nerves of steel and inner calmness cannot be stressed enough. However, this mindset is comprised of multiple … [Read more...]