What do the world of music and the world of day trading have in common (besides relentless practice and repetition needed to succeed in both)? Instruments! We all know what musical instruments are all about. So what in the world … Continue reading →
What are Indicators? Indicator is one of the most important words in the day trading vocabulary, The easy way to say it – indicators literally indicate when we get in and out of trades. The hard way to say it … Continue reading →
Trends and Momentum will be your best friends in trading when you know how to read them and spot what the changes are. Here is the breakdown of Market Trends: Strong trend going up – you see a run going … Continue reading →
Day Traders only trade during one single day. They close out all their positions before the market close. Their charts are set to one to five to thirty minute intervals. Day trading is probably the most exciting part of playing the … Continue reading →
A buy and hold investor are better known for having long term investments – is probably the most common. Most people who have little training, or work with financial managers, are in this category. It requires the least amount of time … Continue reading →
What is a trading charts? This is your Holy Grail. Day trading charting is where you made money. In Trading chart you can find a huge amount of information, ticks and bars, indicators and time frames. Without having a chart and … Continue reading →
Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
HYPOTHETICAL PERFORMANCE DISCLAIMER: HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN; IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK OF ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL WHICH CAN ADVERSELY AFFECT TRADING RESULTS.