- Unleash the Hidden Power of Your Trading Plan
Deep in your trading plan, you may be missing an element that could be eliminating huge winners. By merely tweaking a few indicators and steps to your trading plan, you may be able to produce returns you’ve never been able to achieve. - Price is Determined by the Interaction of Buyers and Sellers
Profitable traders use technical analysis to judge prices because they know that price is not dictated by market events, but rather the interaction between buyers and sellers which determines price. The action of just a few traders can have a very significant impact on price, as their volume of shares can push the price through uptrends or downtrends, based solely on the exchange price for one trade. - Momentum Interpretation
Trading gaps is extremely profitable, especially for traders with strategies for gapping up and strategies for gapping down. Some traders only take one side of each gap, but learning to trade the gaps up and down proves to be doubly profitable. It’s hard to trade the gaps intraday, on a short term chart, but can be done. For the swing trader, there is much more money to be made in gaps. - Momentum Interpretation
Trading gaps is extremely profitable, especially for traders with strategies for gapping up and strategies for gapping down. Some traders only take one side of each gap, but learning to trade the gaps up and down proves to be doubly profitable. It’s hard to trade the gaps intraday, on a short term chart, but can be done. For the swing trader, there is much more money to be made in gaps. - Candlesticks and Overall Technical Picture
Candlesticks fit into the overall technical picture, but it should be known that candlestick chart patterns are just one part of a wide array of studies that fit into technical analysis. Technical analysis spans all chart analysis, and it is even applied to some fundamental analysis statistics. - The Basics of a Piercing Pattern
After knowing what a piercing candle is, you’ll find that they are very easy to spot on a candlestick chart. A piercing candle usually comes to rest after a downturn that is longer than five periods on the chart. Thus, on a one day candlestick chart, the trend would have to be more than 5 bars and exist at the bottom of a downtrend. - The Basics of a Piercing Pattern
After knowing what a piercing candle is, you’ll find that they are very easy to spot on a candlestick chart. A piercing candle usually comes to rest after a downturn that is longer than five periods on the chart. Thus, on a one day candlestick chart, the trend would have to be more than 5 bars and exist at the bottom of a downtrend. - The Basics of a Piercing Pattern
After knowing what a piercing candle is, you’ll find that they are very easy to spot on a candlestick chart. A piercing candle usually comes to rest after a downturn that is longer than five periods on the chart. Thus, on a one day candlestick chart, the trend would have to be more than 5 bars and exist at the bottom of a downtrend. - Adding Stock Scanning Tips to Your Trading Plan
Stock scanning is a vital tool used by professional traders to find symbols that fit their criteria. There are thousands of programs and resources that scan the stock market based upon investor criteria, locating stocks that fit your trading system. Are you seeking stocks with a price between $5 and $50 with a PEG ratio of .4? A stock scanner will search through piles of data and return with hundreds of names that match the criteria. Why do all the initial searching when automated programs c - 4 Types of Gaps and How to Trade Them
Trading gaps is extremely profitable, especially for traders with strategies for gapping up and strategies for gapping down. Some traders only take one side of each gap, but learning to trade the gaps up and down proves to be doubly profitable. It’s hard to trade the gaps intraday, on a short term chart, but can be done. For the swing trader, there is much more money to be made in gaps. - 4 Steps Necessary for Trading Preparation
There are four very crucial steps for determining a trade and making the right decision. Profitable traders are able to spot opportunity, but not act until it knocks. Waiting for opportunity to knock is the sole difference between the average Joe and professional traders. True insider methods aren’t methods at all – just a strict adherence to the day trading rules. - Maximum Position-Size Strategies and Trading Consistency
The maximum position-size strategies are catered to traders who desire to make a living rather than grow their capital. Once a trader has sufficient capital, the result is taking positions that are equal in size to further the odds advantage. - 5 Technical Analysis Stops that Every Trader Should Know
It has been said many times that is not important where you enter a trade, but where you exit that really counts. This is very true in the fact that entry points can be profitable anywhere, if you get out at the right time. - 4 Single Stop Loss Approaches for Managing Trading Risk
Meeting your trading goals is often as easy as managing your trading risk. The use of different stop loss strategies will help maximize your returns while limiting downside, especially in wild markets. Using stop losses effectively will improve your trading, increase returns with proven strategies, and fully capitalize on technical analysis patterns. - 3 Forces Behind Overtrading and How to Control Them
Overtrading is dangerous. It increases the exposure of your account to downturns, leaves you open to trades you haven’t thought through, and greatly increases the cost of commissions. Controlling your overtrading can be difficult as many traders become overzealous as a result of a very poor investment. Rather than “getting it back next time,” the “next time” becomes right now. Traders start to throw money at any trade for a variety of reasons just to get back what they just lost. - 4 Powerful Pivot Point Strategies
Pivot points used to be a favorite on Wall Street, but like other technical indicators, pivot points are time consuming to calculate. Thanks to computers and plenty of web resources, it is now possible to calculate pivot points in seconds. Professional traders have long used pivot points as a way to define support and resistance lines before the market even opens. - Significance of Divergence
Profitable traders know the significance of divergence; its significance is usually noted by the large movements that come after a true divergence in price and leading indicator. The most talked about is the RSI divergence, but there are many forms, such as MACD divergence, price volume divergence, and practically any kind of divergence between price and indicators. - Significance of a Trend Line
Much of what we know about technical analysis and its ability to predict prices is relatively new. The study of technical analysis on the financial markets goes back to the 18th century, but what truly came out of technical analysis was discovered mostly in the computer age. Computer modeling has sped up innovation in price studying and trading more than other development - Volume Interpretation
Interpreting volume depends upon the kind of trader you are and what kind of returns you wish to generate. Day trading and swing trading call for a very in depth look at volume, while investing requires the bare minimum. Studying volume helps investors find the best times of the day to trade and produce consistent profits. - How To Manage The Passion Of Trading
There’s a fine line between passion and obsession. When it comes to day trading, it might be hard to tell. Which one are you? Either way, you must balance it with the rest of your life. Find out how in this article. - Cringe-Inducing Trades And Profits
If you’ve been trading for awhile, you’ve already experienced that sinking feeling, that cringe-inducing trade that made your stomach turn. Read this article to find out how to reduce that stomach acid and avoid that feeling in the future. - WHEN TRADERS RECEIVE BAD NEWS AND DON’T LISTEN
Traders are inundated with information on a daily basis. Distinguishing good news from bad news and reacting accordingly is always a challenge. Find out why bad news can be more important than good news for your trading activities. - IT’S ALL ABOUT THE “BENJAMINS” IN TRADING
No matter how you look at it, trading is all about the money, or “Benjamins”. This article discusses how your trading style and trading plan are crucial to how you manage your Benjamins. If they’re not in sync, you could be in trouble. - 5 Reasons To Step Away From A Trade
Successful traders know when to intelligently and rationally walk away from a trade. It’s not always easy to walk away from a trade, but this article covers 5 reasons why and when you should do it. - Learn to Love Your Losers
The only way to never have a losing trade is to never trade. This article discusses why your losing trades are just as important, if not more so, than your profitable trades. - Candlestick Patterns in a Bear Market
As we entered into 2008 with the worst start to a trading year in history, traders still remained conflicted as to whether or not we were entering into a bear market. - Day Trading Questions Answered
There is so much trading information available that it can become overwhelming or even confusing. The worst part is, so much information can sometimes make it difficult to actually find answers to your questions. Enter Trading EveryDay’s new mini-series seminars of “Day Trading Questions Answered”. There is no agenda, and the seminars are dedicated entirely to traders’ questions. The best part, it’s FREE.
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