The Toughest Lesson to Learn – Controlling Stake Size
Learning to control your stake size is absolutely crucial to your success as a trader. It’s easy to discount it and overlook it when you start. But be warned, there’s more to this subject than meets the eye. This really is an important lesson to learn – ignore it at your peril.What to Do If You Blow Your Trading Account
OK. So you’ve just gone an blown your trading account because you let your emotions get the better of you. This is not a nice feeling. I’ve been there, done that. Let’s have a look at how you can move forward.How Can I Make Money Day Trading?
Becoming a day trader is becoming an increasingly hot means for people to earn money. There are individuals who do it for a full time profession while others use it as a way to make additional cash. With its sizable profit potential and the thrill it gives you, it’s not surprising more people are diving into day trading opportunities.
Day trading has always been a way for the savvy stock trader to take a position on a stock and during the course of a trading day buy or sell his position on the market to make a profit. Sometimes you lose money, lots of money, but when the trades go in your favor you equally make a lot of money.Trading Journal or Trading Spreadsheet – Waste of Time?
As a full-time day trader now for nearly six years, I know what a roller-coaster life can be when first entering the market arena. I also know how much easier your trading life can be with the proper tools, tactics and mindset.