Day Trading Digest

Knowledge is profit

Entries for September, 2009

Trading Disaster

In today’s electronic age of trading, everything seems very easy. Just log on, point and click, and viola! - a trade is opened or closed. But, lurking under that simplicity is a huge hidden danger - what do you do when things go wrong? Technology and infrastructure sometimes fail, and inevitably when they do, it will likely cost you money if you are not prepared. It only takes one position that you can’t close to go against you to do major financial damage.

3 Pillars of a Good Trader

What makes a good trader? It’s not the time frame or the integument they trade as there are winners and mostly losers in all areas of trading.

Day Trading Stocks - Fast Profits, Fast Losses!

Stock market day trading is a strategy that tries to take advantage of the price swings that occur during a single day. Sometimes referred to as “intra-day” trading, the basic idea is that most stocks will fluctuate during the trading day, even if they start and end near the same price.

Forex Companies - Choosing Correctly

Choosing the proper Forex Companies to work with is a major decision to make. The software they use and the support and training they provide will be the major factors you use in choosing the right company.

Profitable Day Traders Always Talk to Themselves

When you see someone talking to themselves it may look a little scary. When you see a day trader doing it at his desk what you see is someone who is ready to earn money.