Tag Archives: trade room
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… + More
The World’s Best Trading Indicator
Did you know there is an incredible trading indicator out there that will help you significantly improve your trading? One that will help you be more successful. One that will give you consistent results and help you “pull the trigger”… + More
Scalping System Q & A
Day trading is often referred to as “scalping.” Recently Erich Senft was asked to answer a group of questions that traders or investors might ask as it pertains to using a scalping system. Here are his answers… Question: What part… + More
Dealing with Despicable Markets
Whenever the market moves into an inactive state, and we have a few rough days, I get flooded with a range of emails. Some people start doubting their system(s), while others begin to question the specific instruments(s) they’ve been trading. The emails that touch… + More
Discover the Power of Setting Trading Goals
Trading Goals are Important Everyone knows goals are important. Most of us have set goals for our personal life. It should be no different for our Trading Life as well. Personal goals may include losing some weight, exercising more, quitting… + More
Learn How to Keep Your Trading Flame Alive
When you go to work every day and do a job that seems dull and routine, how do you keep going? When the trading business you started does not seem to be going anywhere, how do you stay motivated? … + More
Diversification – the Key to Opportunity and Trading Success
“Of the six tools needed for successful day trading, Diversification is the most important.” Diversification in Traditional Investing Diversification in the world of investing is synonymous with “safe,” “secure” and “smart”; yet in spite of the advantages diversification brings to… + More
Online Trading Security, a Critical Part of Your Trade Plan
If you’re using an online trading system to make money, you need to be certain your online trading security is set up correctly. What it comes to online trading, it takes more than just a super fast trading computer. When… + More
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… + More
Options Trading – A Valuable Short-Term Trading Tool
Options Trading as a Day Trading Tool Many individuals interested in the stock market consider options and warrants as a long-term investment (position in swing trading). However, both warrants and options can easily be used as a short term day… + More