Find Clarity….Then Enter a Trade

Risk management is as important when opening trades as it is when exiting trades. Once started on the wrong path, mistakes and errors seem to follow naturally, setting in motion an emotionally driven comedy of errors that results in inevitable loses. Positions that are opened based on confusion or a lack of clarity generally result [...]

Trading on the news

The news is one of the greatest single elements affecting free trade. As a medium, it carries both fundamental and technical information about all markets, directly or indirectly, and is indispensable. If not objective, the news services could materially alter any opinion by the inclusion or omission of relevant information. The impact of news is [...]

Rules for being a successful trader – Do’s and Don’ts

First the “Do’s”

Patience:
Wait for high probability opportunities to materialize based on technical analysis (chart patterns, volume, major indexes)
Strategy:
Have a plan to limit your losses and let your profits run.
Dicipline:
Have a plan and stick to it. Don’t get emotional if your trade doesn’t go as planned.
Expertise:
Do your homework and be prepared. Know the stocks you’re trading. [...]

Supply and Demand. How to profit.

When supply and demand are in equilibrium, the price of a stock is stable and will move sideways on a price chart. Day trading is perhaps the purest form of making this determination since day traders react to imbalances to either profit from follow-through where demand continues to exceed supply on micro trends or fade [...]

Identifying Trends and Why they happen

One of the most powerful methods in day trading is identifying and trading with the underlying trend. The underlying trend represents the gravitational pull of the market. The trend is the true force behind price action and sector momentum. It carries everything in its path ith it.
Technology has made identifying trends easier than ever. The [...]

Signals to catch a trend.

There are four signals that every trader can use to isolate and catch a trend. These signals are simple in nature. Their power resides in their objectivity and in their ease of use. As a market maker, it is crucial to be able to make a split-second decision as to whether the short-term trend is [...]