The markets have been tough the last few weeks. It’s like being in a nightclub where they keep switching up the playlist. As soon as you get used to country music, the DJ drops the bass and everyone has to adapt to a new rhythm. And once that settles in, bam, they roll out the … Read more
New Year, New Trading Plan: Ask Questions and Don’t Skimp on the Answers! Before you begin online stock trading next year, devote a great deal of thought to the online stock trading plan. Here’s one online stock trader’s method of planning that will get you thinking. [Editor’s note: In this first-person article, author John Carter … Read more
Trading The Gaps Force Players to Show Their Hands The Opening Gaps Advantage for the Short-term Trader Each day in the market there is one opportunity that represents the lowest-risk trade available, and that is the opening gaps. Trading the gaps occur when the next day’s regular session opening price is greater or lower than … Read more
Tape reading is the ability to look at the numbers on tape, with out looking at charts and be able to predict the immediate outcome in the market prices. How to begin Tape Reading When you are tape reading, the first thing you want to do is get your market bracket. If you are at … Read more
Online paper trading is a simulated trading system in which beginner traders can ‘practice’ investing without committing to or using real money. Many trading companies offer these online paper trading services, some offer free online paper trading, others have charges for online paper trading, that allow investors to try out various strategies in online paper … Read more
Would trader considers becoming a day trader, it would be wise to consider looking into the commodities markets. The commodities markets offer many advantages that other markets simply don’t. Because of this, commodity day trading may just be for you. One of the major advantages of commodity day trading is that you can focus on … Read more
What Is The Put/Call Ratio? The put/call ratio is the ratio of the volume in trading between the put option trading and the call options trading How To Get The Put/Call Ratio The symbol for the put/call ratio is $PCVA. You have to sign up for monthly access to the put/call ratio from Tradestation. The … Read more
As with most of my favorite trades, they occurred to me after getting my teeth kicked in by the markets. Sometimes many times in a row. It’s those moments when I’m watching a trade go against me, in a most agonizing way, that I learn the most. When the fog of pain clears, I ask … Read more
The “societal beliefs” that we discussed yesterday imbed into the trader’s brain the following account killers: Fear of Missing a Move: The trader sits and sits, amazed that the market continues to run away without him. Finally, he can’t take it any longer. He doesn’t want to miss any more of the move. He jumps … Read more
Successful traders know losses are just a cost of doing business. Inevitably some trades are out of synch with market and a loss is the price for being wrong. Other times you can be ‘right’ about a trading idea and get stopped out anyway. Typically, this happens when you enter too early or at the … Read more