I remember speaking to a friend of mine back in 2009 when the Dow was trading at the 8,000 level. During March 2009 the Dow actually travelled below the 7,000 mark. My friend, like many others were insistent upon the fact that the Dow was going to go even lower and we were headed for imminent market … [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 Charts and Stock Trading Technical Analysis
Analyzing stock charts has become a standard method of stock trading research. Stock charts have also become the basis of modern day stock trading technical analysis. Technical analysis uses price and time data and sometimes volume data in order to make trading decisions. Stock charts have always … [Read more...]
How to Get into Stock Trading
If you ask 10 different people how to get into stock trading is very likely that you'll receive 10 different answers. The best people to ask, quite naturally, we those who actually trade stocks successfully. This is quite logical considering that it makes sense that you will get the best advice from … [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...]
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...]
Simple Moving Average
Daily bar chart showing the Dow Jones Industrial Average with a 200-day simple moving average. The simple moving average is shown as the green line on the above chart. … [Read more...]
Online Stock Market Trading Broker
These days just about every stock broker is an online stock market trading broker. This is not to say that all stock broker's business is conducted online, as many investors still enjoy a face-to-face visit with their broker. Charles Schwab premiered as America's leading discount broker and has … [Read more...]
Current Stock Market
Today's stock trader or investor needs to know the state of the current stock market. I could write down where the Dow is today as well as the other market indices, but that would only cover today. If you're reading this sometime in the future then you need to know how to determine the current stock … [Read more...]