Trading forex for a living is great idea that can either make you or break you. In order to ensure that things in your trading for a living work perfectly, there should be some preparation. Preparation here does not only mean getting to vastly understand the market but also preparing enough in terms of the right equipment you are going to use, risk management measures and inner … [Read more...]
4 Types Of Trader – Which One Are You?
The novice trader looks at the most successful of stock market moguls and wonders always what their secret is. Even those who have found great success in the markets themselves cannot always identify exactly what about them makes them a great trader, and endless magazine articles, books, and lectures have been produced exploring the subject. Usually, the explanation of the … [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...]