In this article I will explain to you how to develop a profitable day trading system in five steps: Step 1: Select a market and a timeframe Step 2: Define entry rules Step 3: Define exit rules Step 4: Evaluate your day trading system Step 5: Improving the day trading …
Read More »Day Trading Psychology – An Unspoken Rational Approach
If you put on a trade and your heart starts pounding, you are *not* ready to trade yet…Some people who arent ready to trade have other problems as well: 1. Pulling the trigger to get in 2. Staying with one trading strategy long enough to judge it 3. Letting good …
Read More »Day Trading Forex – Might be a Bad Idea
The Forex market has understandably become one of the most attractive and popular financial markets in the world. Operating around the clock via a decentralized network of central banks, investment institutions, hedge funds, and similar institutions, the Forex market allows traders to speculate on the movement of currency exchange rates. …
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