Day Trading Tips and Tricks

Creativity, perfection, and cheating the impossible. I recently watched this inspiring Ted talk by Philippe Petit (high wire artist and death-defying magician).  He is the real-life person that inspired the recent the movie The Walk, the docudrama of his amazing real-life… Read More »

It sounds like a kid’s joke doesn’t it? Yet recognizing which “Leg” of a move the market is on can be very helpful in gauging how much “life” is left in the move. We all want to maximize the profitability… Read More »

In this Trading Game, Wall Street meets Monopoly. CHECK IT OUT! http://indicatorwarehouse.com/trading-board-game Game Highlights: Keep all players engaged the entire game, every turn matters Educational twist; exposes players to basic concepts of finance Fun, illustrative design; impress the art-lovers Tons of… Read More »

Twenty four hundred years ago, Plato, one of  history’s most famous thinkers, said life is like being chained up in a cave forced to watch shadows on a stone wall. This made me think of all the false truths fed to self-directed retail… Read More »

Trading Profits – The Difference between Realized and Unrealized  When discussing profits, there are two different types of profits from making trades. The easiest way to differentiate the two kinds of profits comes down to a simple question – are you making money… Read More »

Like a resolute magician, day trading indicators can help a futures trader or stock investor interpret specific patterns in the market and uncover reasonable future expectations of the market price. Using time-sensitive technical indicators along with understanding price and volume, savvy… Read More »

One of the toughest challenges in trading is “listening” to or identifying market direction. Regularly we are almost convinced to recklessly predict instead of identifying market direction. Or, we suspect we already know what’s going to occur, so we simply… Read More »

“The criterion of truth is that it works even if nobody is prepared to acknowledge It.” –  © 1962 Ludwig Von Mises (1881 – 1973) What makes day traders different is that they are able to participate without bias, without question, and… Read More »

5 Reasons you Can Take a Break from Trading A day trading holiday like Thanksgiving, Christmas, Memorial Day, Labor Day, and the 4th of July can make day trading the markets even more challenging than usual.  For whatever reason, the… Read More »

High Frequency Trading in a Coffee Shop Lately, my wife and I have been taking a date night to the coffee shop – with our laptops.  We both share over achiever geeky work ethics.  But, after twenty years of marriage,… Read More »