Tag Archives: trading indicators

Most traders think they need to trade a lot to make a lot of money. I once counseled a fellow who wanted to be a “scalper.” He thought he had to trade 100 times a day. Imagine his disappointment when I… + More

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

You must have the right trading system to guide you in the intensively competitive environments you will find in the futures, forex and equities markets. The challenge in creating a viable trading system is it takes more than simply finding the… + More

Understanding the Ins And Outs of Day Trading Futures Markets Out of all the trading instruments in the world, some of the best opportunities for traders for profit involves day trading futures markets. The futures markets have a foundation based… + More

Even when using great day trading software, successful day traders must develop discipline and patience to minimize trading losses. No amount of wonderful trader education, day trading software or day trading indicators can destroy your trading account like letting your emotions get… + More

Is System Backtesting Worth It? Imagine if you have six losses in a row. But, you are okay with it.  What would that mean?  In short, it says you’re confident in your system because you KNOW that over time, you… + More

The million dollar question we often get on the phone and via e-mail is “How many contracts should I trade with a X dollars in my account”?  The next big question is “What stops and targets should I use for… + More

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

CFTC Warning – Day Trading Vendors who Publish Results – Beware! It happened to me.  It’s happened to every trader I’ve ever known.  My guess is it’s happened to you. I’m talking about being suckered into buying a day trading… + More

  Success with a Small Trading Account is Possible… If Done Correctly.   Let’s be honest, everyone begins trading with the hopes of making a lot of money through their trades, maybe even enough money that they can quit their… + More