Archive for October, 2009

All of the successful traders that I have known have had one thing in common. They are supremely confident in their ability as a trader. However, if you are not yet a successful trader, how can you gain confidence? The answer is that you need to believe with all of your being that you are the successful person you intend to... »

Good afternoon everyone. I hope you got to take part in the nice rally we had today in the stock market…and hopefully made some money. If you are struggling on the markets, or would like to be doing better, check out this free email trading course. Adam Hewison is a former floor trader and founder of Market Club, and right now he... »

If you are a forex trader, or looking to get into forex trading - the lowest barrier to entry market in the world- you need to check this out. I am very excited to be able to offer this course to you...for FREE!  (Please read this whole post, you won't regret it...but the links to the free course are at... »

Proper position sizing is something many traders never even think of, let alone learn to master. Here is a very quick guide to position sizing. To determine our positions size we must first set a stop level. This should be a logical place which will be out of range of normal market movements, and if hit will be at a level... »

By David Jenyns Stuart McPhee and David Jenyns, renowned traders, discuss two crucial aspects of trading, entry points and exit points and options trading. David: I have a question here: what are the normal entry/exit points that people use? Stuart: It depends what products we are trading and how we are trading. There are differences in entry for trading for short term and... »

First off, my apologizes.  I got a bunch of emails telling me a bunch (ok, ALL!) of the posts over the last month or so disappeared from the blog.  The issue is being looked at, so I am aware of it and hopefully it will fixed shortly. But for right now, back to business.  This market continued higher today...and while it... »

Day Trading Strategies With Beta By Steven Tor In stocks trading and Forex trading, a trader should be well verse with technical analysis as well as fundamental analysis and it is in these analysis that traders should look at Beta to manage their risk takings. Beta is the measurement of risk in trade and investment. It measures the volatility of a stocks or... »

Here is a great reminder by Price Headley.  It is a short article but has some very common sense information which traders often forget.  Whether we are talking about day trading or investing, the advice is valid and should be absorbed. -------- What separates a long-term successful trader/investor from an unsuccessful one? One of the main components is "mental game", as well... »

Explosive moves in Gold today, and Silver too actually...but Gold definitely took the spotlight. Check out the latest video on Gold so you can know what to expect and how to trade what's coming in the most profitable way possible. Latest video: Gold ... game on! http://www.ino.com/info/459/CD3784/&dp=0&l=0&campaignid=3 The video as always is timely, informative and educational. To your trading success, Cory Mitchell, CMT Chief Market... »