5 Things To Look For Before You Exit A Trade




Nostradamus – Are We in For a Stock Market Waterfall-Type Crash?

It is interesting to see so many spread traders sitting out of the latest market turmoil. And I currently believe that a massive stock market waterfall-type crash in the indexes is very possible by year end.

TradeStation Strategy Testing – Violating These Steps Will Damage Your Account

Avoid costly mistakes by correctly testing your strategy. With proper strategy testing you can be sure that your strategy is vital and can protect your account against unnecessary draw downs. This article walks you through the detailed steps to correctly backtest your TradeStation strategy.

Are You Cut Out For Online Day Trading With a Prop Trading Firm?

Most people begin online day trading with the idea of becoming rich and successful. However, along the way, they encounter many bumps, pitfalls, obstacles and roadblocks that keep them from ever reaching their goal.

How to Become a Day Trader

A day trader is someone who at the end of the trading day has a nil net bought or sold position. The person buys a certain number of shares of a particular company during the day and sells the same number of shares of the same company before the end of the day, in the process making a profit or loss but having effectively neither bought nor sold any shares for delivery.

Trading Psychology – Coping With Not Winning All the Time

When I first started trading, I always had this idea that once I perfected my chart reading, virtually all of my trades would be winners. When I discovered a setup that worked once, then twice, and again, and again, I figured all I had to do was play those and they’d always work out in my favor. The idea that at certain times these plays would work wonderfully and other times not nearly as well, hadn’t even crossed my mind.



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