We are all familiar with the phrase, "practice makes perfect", but does that really apply to successful stock trading? The answer is yes. It applies not only to successful stock trading, but success in any area you wish to improve or master. It's very easy to get started with practice stock … [Read more...]
What Is a Drawdown and Why Should I Care?
We've all heard the term, "drawdown" from time to time when referring to the performance of stock trading systems. A trading system's, "maximum drawdown" is an extremely important performance metric. Why is that you ask? Simple, because the maximum drawdown is the greatest peak to valley draw in … [Read more...]
Why Stock Trading Discipline So Important?
One of the most difficult concepts for beginning stock traders to wrap their heads around is a concept of stock trading discipline. Merriam-Webster describes this as "orderly or prescribed conduct or pattern of behavior". Merriam-Webster also provides us with another simple definition of discipline … [Read more...]
Some Basic Stock Option Tips
An options trader needs the right stock option tips to keep them on the right track to options trading success. I've listed some tips for you below. Quite naturally, the very first thing you need to do is to learn to trade stock options. Many beginner's fail to understand the importance of good … [Read more...]
Practice Stock Trading Without Money – How to Practice Trading Before Putting Your Money at Risk
We are all familiar with the age-old saying, "practice makes perfect". This is especially true in the arena of the stock market. The good news is that you can practice stock trading and become proficient all at no cost to you. It's very easy to start practicing your trading skills in order to … [Read more...]
Stock Trading For Dummies
If you are just starting out in trading stock you are probably looking for some basic information such as stock trading for dummies or something similar. That is definitely smart of you to do so because you are smart enough to realize that you need more knowledge as well as skill before you venture … [Read more...]
Free Online Penny Stock Trading System
Apparently there are many people searching for a free online penny stock trading system. I'm not completely sure why that is, but I do understand that there are freebie seekers of almost every category on the internet. If you happen to be one of the people looking for a free online penny stock … [Read more...]
The Amount Of A Trading System’s Drawdown Is Only Part Of The Picture
Traders have long been concerned with the size a trading system's drawdown. This, of course, makes sense as all traders should be evaluating risk versus reward at all times. The problem is that sometimes we as traders have too narrow of a focus. We will take some trading system metric and … [Read more...]
Stock Market Trading Web Sites
One of the fastest ways to learn stock trading is to find a good stock market trading web site. This is as simple as performing a simple search, but I can help you out by pointing you in the right direction. WallStreetWindow.com is run by Mike Swanson and is packed with useful information. Mike … [Read more...]
10 Tips To Succeed With Stocks
A few good stock trading tips are always welcome, especially when they come from traders with real-life trading experience. What follows are 10 time-tested stock tips to help you succeed. 1 - To thy known self be true - Sounds like something from Shakespeare doesn't it? This simple tip is one … [Read more...]