Become a Fearless Trader- Well the Rules of Fearless Trading
Rules-based Trading is Fearless Trading Renowned trading coach Price Headley, author of “Big Trends in Trading”, once wrote about the dangers of letting your ego control your trading decisions, especially the three critical decisions of how much money to risk, when to enter a trade and when to get out. “The ego desires to [...]
Why Trade in the Stock Market…!!
Somebody has rightly said – “If you don’t know where are you going⦠you will probably end up nowhere.” So the question you should ask yourself is: Why should I start trading in the stock market? Is it the fun and excitement? Do you want to be rich? Perhaps you enjoy [...]
Trading Rooms: Nuissance or Helpful?
Debates on internet trading chat rooms have been going on for as long as the internet itself has been in existence. No one can agree whether these services provide an added benefit to individuals who wish to become fulltime day-traders. Nowadays with so many chat rooms covering every type of market and products that its [...]
The M.r.s Trader – the Essentials of Successful Forex Trading
I’ve often wondered long and hard what it took to succeed when I first started out and had only a few clues as to how. I didn’t quite understand then what the professionals meant when they said a successful trader has to have a certain psychology, rules on risk management and also knows their how-what-when-why-where [...]
Day Trading – Potential Profits vs. Probable Pitfalls
Day trading in the stock market can provide you with a lot of thrills, excitement, and profits as well as bleeding ulcers and massive losses. Day trading is a fast-paced, high-energy, roller coaster investment ride. As such, day trading is not right for everybody. You need not only savvy, but also a cast-iron stomach in [...]