Day trading is all about making buy and sell decisions. When you make a trade either your going to lose money or your going to make money, and some other times you will break even. When you win some body else will lose and so forth, but that's NOT what's important.
The most important aspect of day trading is the knowledge FILTER you employ to make your buy/sell decisions. There are many "fantastic" strategies outhere, but you need to test them in order to discover which ones help you the most. That's part of your homework as a daytrader. Test, test and test again.
Complicated strategies that rely on a "boat load" of technical indicators can make you slow, and being slow in this game can be as dangerous as not knowing what to do in the first place.
I think the worst thing that can happen to a beginner trader is to get information overload. It's better to go step by step, and test a simple strategy that can show you how to focus on concrete ways to make money.
Fortunatly there are some good sites on the web today that can show you how to trade in a practical and effective way. One of those sites is Profitable Stock Market ( ProfitableStockMarket.com )
In the end, day trading is all about buying and selling according to your knowledge FILTER. Once you master and follow youre proven filter parameters like a clock, you can expect to start making serious amounts of cash on a consistent basis.
Profitable Stock Market helps traders and investors take advantage of momentum stock trading opportunities every day at profitablestockmarket.com
Indian Head Park taxi to Midway .. Lockport Chicago limo O’HareThe stock market often closes a week in the middle... Read More
Hello Inflation, it has been awhile, I see you on... Read More
When it comes to stock market trading it PAYS to... Read More
Since I can remember, and that's a long time ago,... Read More
Quick, look out the window. It's raining. No, the sun's... Read More
There are formulas for just about everything, but it has... Read More
Before you buy another car you walk around the lot,... Read More
The thinking process of the brain relating to the... Read More
Look back over the years and try to remember how... Read More
Everything you invest in has risk so you want to... Read More
Dollar cost averaging is one of the most popular ideas... Read More
Before they go over the cliff to their destruction these... Read More
Let's hope you did not have any of the Enron... Read More
Every day on CNBC-TV they show a 200-day moving average... Read More
For weeks, no, months we have been bombarded with nothing... Read More
All stock trading and investing methods must deal with the... Read More
The debate rages all over Eastern and Central Europe, in... Read More
I often play a little game with myself when I... Read More
'Sector funds are too risky.' 'I doubled my money with... Read More
When you invest in the stock market for ever-increasing cash... Read More
Before you embark upon a journey of trading stocks or... Read More
Well maybe that's overstating it a little, but it's certainly... Read More
The Bollinger Band theory is designed to depict the volatility... Read More
Success in small cap & micro cap stock trading like... Read More
Professional stock options traders use the term lean to refer... Read More
Bonnie Chicago charter limousine ..Over the past few months, several investment professionals have brought... Read More
Someday you may want to retire and continue to live... Read More
Most advisors will tell you they can beat the market.... Read More
This article describes the model of a natural relationship between... Read More
For weeks, no, months we have been bombarded with nothing... Read More
Ever done any whitewater rafting or canoeing? Long periods of... Read More
The ABC's of Stock Trading SuccessStock trading success...why is it... Read More
Mutual funds and brokers are always preaching not to buy... Read More
Four blind men were asked to give a description of... Read More
When it comes to buying a stock or mutual fund... Read More
Everything you invest in has risk so you want to... Read More
Never lose money in the stock market again. Yeah, I... Read More
It takes a total mental commitment to the task. It... Read More
Ever wondered what is a mutual fund? A mutual fund... Read More
A common problem I often see when working with living... Read More
Financial markets provide their participants with the most favorable conditions... Read More
Let me start by saying that...Most online brokers do not... Read More
Have you been listening to the talking heads on CNBC-TV?... Read More
If you haven't heard of the technical indicator with the... Read More
I would like to share with the reader an article... Read More
The fight continues to rage among traders who use technical... Read More
Regardless of the fact that the world's stock markets have... Read More
One of the great "secrets" of successful people is discipline... Read More
People are constantly asking me why is the stock market... Read More
Before they go over the cliff to their destruction these... Read More
Stocks & Mutual Fund |