What You Need to Take to Become a Day Trader Part-II

In Continuation with Previous Article Step 3 – The Eureka Moment Towards the end of stage two you begin to realize that it’s not the system that is making the difference. You realize that it is actually possible to make money with a simple moving average and nothing else IF you can get your head … Read more What You Need to Take to Become a Day Trader Part-II

Repeating the Same Mistakes in Trading?

Came across a great article here by Brett Steenbarger titled ‘A Self-Help Crash Course for Traders’. The article applies a discipline called ‘brief therapy’ to address the issue of why traders can’t seem to control themselves and make the same mistakes over and over again. It has quite a number of good points. Here’s a … Read more Repeating the Same Mistakes in Trading?

The Consistent Trader: How to Build a Winning Trading System

What Does A Mechanical Trading System Mean? What Does A Discretionary Trading System Mean? We have discussed about different type of trading system,Once you are able to decide what type of system suits you next is important points to include as part of your trading system. 1) Positive Risk To Reward Ratio Risk to reward … Read more The Consistent Trader: How to Build a Winning Trading System

Intraday Trading: Beginners Guide to Day Trading

Many traders who have made a career from day trading the Stock Markets will advise you that it may have not been quite as simple and straightforward as they originally expected. The draw of quick profits makes day trading a very attractive proposition. Many traders embark on their new career with the highest of expectations … Read more Intraday Trading: Beginners Guide to Day Trading