Trading Psychology (TradingEveryDay)
posted Wed January 16th @ 11:51 PM

If you’ve been trading for any amount of time, you have definitely experienced the stress, the excitement, and the anxiety that happen every day that you trade. In fact, emotions can run pretty high for day traders. While traders rely on knowledge, trading tools and tactics, and strategies, they also need to rely on their ability to control their emotions in order to trade logically and execute successfully. More »

Leverage Trading Experience and Knowledge (TradingEveryDay)
posted Sat January 12th @ 8:51 PM

You don’t want to recreate the wheel – ever, because learning anything on your own can be pretty brutal and painful. If we go as far back as learning how to walk or ride a bike, I doubt that any of us did either one on our own. More »

Trading For Money (TradingEveryDay)
posted Thu January 10th @ 9:12 PM

When people think about traders, they often visualize a life of luxury – a fast-paced life of beautiful people, custom homes, hand-made suits and shoes, Italian sports cars, and exotic travel. In fact, you may have become a trader yourself based on these same thoughts – to make tons of money and attain the lifestyle of the rich and famous. If you’ve been trading for awhile, you know by now that making a killing in the market and attaining a life of luxury is not as easy to do as it is to visualize. More »

Gauging the Strength of the Market (TradingEveryDay)
posted Sun May 11th @ 5:48 AM

Gauging the strength of the market is made easy by the thousands of technical analysis tools that can be imported on virtually any chart.  The study of technical analysis is built purely around evaluating strength and weakness, while finding the best times to move in and out of an investment.  Read More »

Trader Sentiment and the NYSE TICK (TradingEveryDay)
posted Thu May 1st @ 4:47 PM

A NYSE tick chart is set up with a number of ticks, along with a line in the middle representing zero.  When the tick is higher than zero, we know that more stocks are trading at their offer price than their bid.  This means that traders want to buy into these market conditions, and they are willing to pay the market price to buy in, signifying strength in the market.  Read More »

Forces Behind Trading Everyday (TradingEveryDay)
posted Tue April 22nd @ 4:40 PM

Trading everyday is not the easiest strategy, but there are many reasons for trading each and every day.  While it might seem like closing positions overnight and exiting before market close is extra work and possibly extra commissions, the short-term trader can avoid many risks by trading day to day. Read More »

High Odds Trading (TradingEveryDay)
posted Sun March 16th @ 8:16 PM

Profitable traders know that making money is not winning every trade.  Instead, it is winning more often than losing, and losing minimally when you do enter into a poor trade.  With trading discipline and the ability to read uptrends and downtrends, a trader can make a substantial amount of money in the market.  Read More »

Technical Analysis for Novice Traders (TradingEveryDay)
posted Mon February 25th @ 7:19 PM

The two foremost analyses in predicting the capital markets are fundamental analysis and technical analysis.  Each strategy has its own advantages and limitations. Many traders use both of them together, as they are complementary strategies that strengthen investment choices.   Read More »

Market Sentiment and Weight of Evidence (TradingEveryDay)
posted Tue January 29th @ 4:59 AM

Considered the “gut” feeling of the stock market players, market sentiment plays a large role in determining whether we are in a bearish or bullish market.  When market sentiment is optimistic (bullish), then the Dow closes in the green.  With pessimistic market sentiment (bearish), investors increase selling volume to sit on the sidelines with cash.    Read More »

Using Moving Averages for Scalp Trading (TradingEveryDay)
posted Mon January 28th @ 4:33 PM

Scalping, arguably the most prevalent day trading strategy, limits a trader’s risk – while capitalizing upon a high ratio of winning trades.  While there are several strategies employed in scalping, utilizing short-term averages helps a trader quickly ascertain the pricing trends in the symbol.   Read More »

Trading Confidence (TradingEveryDay)
posted Thu January 24th @ 5:15 PM

A method for studying emotional experience is simple “self-reports”, which is when an individual is asked to look back at a particular time, day, or period and rate her emotional experience. It’s one of the easiest ways to obtain information, which is probably why most psychologists use this method.  The problem, though, is that self-reports turn out to be biased.  It’s inevitable that these biases ultimately impact traders. Read More »

There are no secrets to trading, only stuff you don’t know…yet! (TradingEveryDay)
posted Fri January 18th @ 6:56 PM

Trading can easily look like rocket science from the start. There are candlestick chart patterns to learn and technical analysis to uncover and decipher. Trading everyday comes with its challenges, but one thing a beginning investor should keep in mind is that there are no secrets to trading, just stuff you don’t know yet.   Read More »

Do-It-Yourself Traders (TradingEveryDay)
posted Thu January 17th @ 6:44 PM

Learning how to trade isn’t always a walk in the park, and if you have ever experienced learning to trade on your own, you probably agree.  Do-It-Yourself traders are traders who try to take every step of the trading journey by themselves. Read More »