Day Trading Tips and Tricks

How do you deal with boredom when trading – A virtual time-bomb promising to clear out your account. Well, I do have a solution. It’s a method to cut the apathy, get All of the chart time you want, AND seriously adds to your chances of finding good trades. I have been utilizing the analogy of hunting to explain it to folk. I am not a hunter BTW nonetheless it provides a forceful illustration of what I am talking about. If you go out hunting by yourself, there’s just you and your gun. If you choose to go with your pal, now there are 2 of you and you have doubled your percentages of catching dinner. And if there are 3 hunters …
Then you increase the chances that much more.

Man vs. Machine… Recently, I was asked if we are creating Automated Trading software for the Diversified Trading System (DTS). The answer is Yes. But it’s still far out. Why?  Because while the math of this Automated Trader is based on… Read More »

Here is another truism I heard today, “There is so much money in finance today, that it doesn’t pay to be smart.  Just don’t get hit by a bus!”  Now sit back and give that some deeper thought.  It shouldn’t… Read More »

Stop Loss positions are critical for understanding the value of good risk management.  Remember that in many ways our trade is only as good as the stop we use as it affects risk/reward ratio, win percentage and how long we are… Read More »

If you plan to get into day trading, you’re going to need a few things that don’t directly have to do with actually buying and selling stocks, futures, or currencies. Some of the most important day trading tools you will… Read More »

Things I thought everybody knew, but it turns out they don’t. For those of you that don’t know, I am obsessed with workflow automation and efficiency. This personality train can be very frustrating for those people that work with or live… Read More »

Today’s topic is one of the most important issues we deal with as traders:  The Stop Loss.  A stop loss is an order we place in the market after we decide where our entry should be.  It essentially closes our… Read More »

Day Trading Software is Just One Piece of the Puzzle Finding the best method to learn to trade successfully each day regularly specialized tools and education. Unlike college, where you to were required to demonstrate what you learned via testing… Read More »

I have received some emails from new traders inquiring as to what day trading skills they should work on to get ahead in trading the futures, forex, and equities markets.  The following list is by no means comprehensive, but it… Read More »

Being a trader, I’m always interested in articles and books on trading. I like to see how other traders do things, and every once in a while I’ll learn something new. I just finished an interesting book on Stock trading… Read More »