Day Trading Digest

Knowledge is profit

Entries for December, 2010

7 Reasons to Use a Trade Log

The trade log can be invaluable to the trader who desires to improve over time. Implementing a trade log can help you identify and fix trade mistakes made regularly and improve results. By mapping mistakes, a trade log can help avoid costly errors and improve profitability.

Basics Of Trend Trading Strategies

Read carefully, because we will discuss on the basic of trend trading, a trading strategy that gives greater profit potential for your investment and trading portfolios. I’m sure you already know this old saying: Trend is Your Friend. Yes, in the business world, many people believe that following current market trends is a wise thing.

Range Trading Winning Strategies

Do you know that around 70% of trading time in forex market is in ranging mode? Trending market only takes 30% of trading time. Can you see any opportunity from this fact?

Setting Up Profitable Trading With Fibonacci Retracement

Fibonacci retracementis one of favorite tools applied by technicians when analyzing a market. Fibonacci or Leonardo Pisano Bigollo was an Italian mathematician in Middle Age. Fibonacci is famous for introducing the Hindu-Arabic numeral system in Europe, mainly by means of his book the Liber Abaci, Book of Calculation, in the early 13th century and for a sequence of number called Fibonacci numbers.

No More Money Worries in 2011

The Safest and Best Investment: Would you believe that there is a small safe investment that you can make that will return you between 10% and 200% per year? Well there is and I’m going to tell you about it in this article. Anyone can do it, and it does not require any special skills, education or lots of money. You can learn how to do it in just a few minutes, although practice is recommended. The beautiful thing is that you can practice for as long as you want until you are completely confident using the strategy. You don’t depend on a broker or some other person for your returns, and you don’t depend on the markets going up or down because none of that matters one little bit.