A richer life takes more than just money

Welcome to the Indicator Warehouse blog. You can look forward to reading articles on trading education, personal development, trading psychology, relevant world business news, and even useful gadgets to make your trading life easier.

day trading boredom killer

Chuck Norris’ Day Trading Boredom Smackdown

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.

August 17, 2019

Erich Senft

Algorithmic Trading Software

Automated Trading Software

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 »

August 14, 2019

Erich Senft

Do You Need to be Smart to Day Trade?

Do You Need to be Smart to Day Trade?

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 »

August 11, 2019

Erich Senft

Risk Management 101: Using a Stop Loss

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 »

August 8, 2019

Erich Senft

Day Trading Tools

Four Important But Overlooked Day Trading Tools

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 »

August 5, 2019

Erich Senft

Technology Tips

Ten Technology Tips to Make Your Life Easier

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 »

August 2, 2019

Erich Senft

stop loss

Everything you need to know about Using a Stop Loss

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 »

July 30, 2019

Erich Senft

day trading software

The Foundations for Day Trading Software and Education

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 »

July 27, 2019

Erich Senft

Essential List of Day Trading Skills

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 »

July 24, 2019

Erich Senft

The secret to letting your Profits Run

Trade as I Say, Not as I Do – Really?

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 »

July 21, 2019

Erich Senft