Updated Stock Tips
Traditional investment guidelines suggest that investing stock will, over time, return the best, most consistent profits. This assumes that your money is going to be invested over long term on stable companies. This plan does not speak for a day trader or someone who wants some stock tips to invest on their own.Trading Like a Pro
Many can perfectly trade but few can successfully day trade like a pro. More than eighty percent of day traders are losing abundantly. Everyday, millions of dollars are wasted and lost. At the same time many trading tools have been poured into the market, from the Aroon indicator up to the zig zag trading tool. Markets participants line along moving averages like Irish dancers, trying to get their well deserved portion. Without going to the left or to the right, it is evident that, one challenge remains difficult to all participants to a certain degree. That is: day trading like a pro. Though there are different traders, the question remains the same. What is day trading like a pro? In this article we will explore the subject of day trading like a pro and reveal, how one can perfectly day trade like a pro.E-Mini Trading: How Long Should You Trade in Simulated Mode?
Most new traders want to test their new e-mini trading skills on a trading simulator. Most new students can easily obtain a trading simulator from a reputable futures broker. The general line of thinking is to master e-mini trading on a simulator and then move to trading an actual live account. From the onset, I want to say that there is nothing inherently wrong with trading simulators other than they are the trading equivalent of video games.
The only candlestick patterns you need to know. In my opinion, there are only 5 bullish candlestick patterns that are worth trading. But before we trade on candlestick patterns, we must understand the intent of the price action. Some traders will trade candlestick patterns with some other forms of technical analysis.Learn to Read Trading Charts and Confirm With Indicators
It’s not unusual to see advertisements for trading education and see a wall of monitors with dozens of indicators and charts adorning the background. This may be understandable if the individual is a professional trader and following half a dozen different markets. This is generally not the case though; it’s been my experience that many retail traders may have up to six monitors with a battery of a dozen indicators following every imaginable market variable.