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. [...]