Selecting the best technical indicator use for stock trading is an important step in your stock analysis. Let's explore how we can best make that selection. Most technical indicators work well for long-term as well as short-term stock trading. This is one of the many beauties of using technical … [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...]
Stock Trend Basics
Before we delve into identifying stock trends, let's first define what a trend is. According to Merriam-Webster a trend is, "a prevailing tendency or inclination" or "a line of general direction or movement". The word "trend" is also used as a verb and means, "to expand in a general direction". The … [Read more...]
Stock Charts Don’t Lie
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...]