Are you ready to trade? Do you have a quantified trading system of entries and exits? Have you found a way to capture trends in your time frame by studying historical price action? Have you backtested your system adequately? Do you know what the possible odds are for your trade setups based on historical price […]
10 Signs You Are Ready to Trade Read More »
This post originally appeared in the Student Forum on www.NewTraderU.com. Thank you Salman for letting me share it with my blog readers. Guest Post by: Salman Merchant These are my two cents, and since I’m only a novice trader I can only speak from intuition: Since there are a great number of strategies and trade
The 12 Crucial Questions for New Traders Read More »
The Costly Dangers New Traders Face: The bid/ask spread on some illiquid options and penny stocks can be very expensive. Never let it be too expensive to get in and out of a trade because of the slippage in the trading vehicle. Penny stocks: they’re dangerous. Period. High commission fees can eat away at your trading
Costly Dangers New Traders Face Read More »
Trading is not all math. It’s not just a system you plug into a chart or a path to easy money; you are going to have to earn it. If you do get lucky and make some quick money, you will eventually give it back to its rightful owners. Trading is a business that
So You Want To Be A Trader? Read More »
If you are just randomly trading what you like with no real underlying system, method or planning then unfortunately your odds of success in the long term are slim. Trading a winning methodology is what creates an edge in trading. Consistently trading a robust system or methodology enables you to trade in a way that
Ten Questions to ask Yourself Before Every Trade Read More »