The fast-paced world of online day trading is no place for the faint of heart. That is why it is crucially important to start out on the right path... the path that will increase your chances for success. We have all heard the horror stories about the high percentage of day traders who fail. One … [Read more...]
Getting Started In Stock Trading – Don’t Make the Same Rookie Mistakes I Did!
Getting started trading stocks is a lot simpler if you can avoid some of the common rookie mistakes. When I started out I made every classic beginner mistake there was and even invented some new mistakes along the way! Here are some of he things I did wrong. These are some pitfalls that you can … [Read more...]
A Few More Stock Options Trading Basics
There are a number of ways to profit in Stock option trading. It is possible to profit whether the market goes up, down or sideways. This makes options were the most flexible of all financial instruments. Stock options can be traded using a number of simple and traditional methods. Many options … [Read more...]
Consider Taking A Stock Options Trading Course
A stock options trading course can be a great way to learn stock options basics. There are number of different types of courses to choose from and which one you choose will be based upon your particular options trading plan. If you have yet to formulate a options trading plan it is suggested that … [Read more...]
10 Reasons Beginning Traders Can Lose Money When Trading Stocks
1. The Illusion of Overconfidence: Why Arrogance Is a Trader's Downfall The market is a mirror that often reflects our deepest fears and grandest illusions, including overconfidence. Traders who ride the wave of a few successful trades might feel invincible, leading them to make reckless decisions. … [Read more...]
Stock Chart Analysis
Using stock chart analysis has become a standard in trading research for traders around the world. Before computers and computer graphics were available traders used to use graph paper and chart stocks by hand. Before that traders used to simply read the tickertape which contained the stock prices … [Read more...]
Best Stock Market Education for Beginners
The best bet for anyone starting out in stock trading is to learn stock trading. By finding the best stock market education for beginners you can really jumpstart your trading success. Here are some of the things you should look for. Stock Trading Research -- Try to find a stock trading course or … [Read more...]
Practice Stock Trading – Practice Makes Perfect
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...]
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...]