Learning to Trade: Using a Fee-Based Trading Mentor or Trading Coach – Part 2
23 OCTOBER, 2016 In part 1 of this multi-part article we talked about how different kinds of traders will have different experiences with fee-based trading mentors and coaches. In particular, we honed in on the type of trader that would get the most benefit in the...
Learning to Trade: Using a Fee-Based Trading Mentor or Trading Coach – Part 1
20 OCTOBER, 2016 The fastest way to learn the most about trading in the shortest amount of time is to find a mentor you trust. And stick by their side for as long as possible. However, most beginning traders simply don't have the kind of connections that would enable...
My Biggest Trading Mistake This Year Will Save You A Fortune Next Year
19 OCTOBER, 2016 There has been a dominant theme in my losing trades so far this year. This observation motivated me to review historical charts to see if there was any historical precedent to what I was observing. It turns out that there was. Its a great...
Three Golden Trading Rules That Could Save You Thousands
18 October, 2016 Note: An update to this article was added to our library in 2019 - check it out here: 5 Trading Rules That Could Save You Thousands (2019 Edition). Over the 12+ years that I have been trading, I have experienced enough trading trauma to create my own...
Why You Should Never Give Up On Trading
10 October, 2016 Trading isn’t easy. Anyone who says otherwise is either trying to sell you something or hasn’t been trading long enough to have a credible opinion. But mastering it can be quite rewarding – even if you have to blow out a few accounts to get there…...
Master Day Trading in Just 30 Days: Lesson #9
09 Lesson #9 The prior installment in this series introduced the idea of LEGS and SWINGS. But it left open the precise definition for the construction of these legs and swings. In order to do this now, you might want to refresh your memory on Average True Range -- it...
Master Day Trading in Just 30 Days: Lesson #8
08 Lesson #8 In this installment of our day trading training series, we are going to start to learn how to add some structure to a chart. Charts look random -- in fact, if you turned a bunch of charts upside down and randomly mixed them in with charts that are...
Master Day Trading in Just 30 Days: Lesson #7
07 Lesson #7 In this seventh installment of our day trading training series, we are going back to some theory. You spent the last few lessons doing drills, so now it is time to talk a bit about charts and chart theory. What Do Charts Tell us? The most basic...
Master Day Trading in Just 30 Days: Lesson #6
06 Lesson #6 In this sixth installment of our day trading training series, we are still continuing to focus on order entry drills. So far, we have drilled entering market and limit orders. And while the last lesson required more focus and concentration than the prior...
Master Day Trading in Just 30 Days: Lesson #5
05 Lesson #5 In this 5th installment of our day trading training series, we are going to continue to focus on order entry drills. You will be entering orders into your trading platform, while keeping an eye on the charts. We have to warn you that this particular drill...
Master Day Trading in Just 30 Days: Lesson #4
04 Lesson #4 In this 4th installment of our day trading training series, we are going to keep things very simple. This is the first lesson where you will be entering trades -- but not live trades. Instead, you will be using your simulator where you can make as many...
Master Day Trading in Just 30 Days: Lesson #3
03 Lesson #3 In this 3rd installment of our day trading training series, we will briefly switch to something a bit more practical instead of just lecturing on the basics. One of the reasons we're throwing this practical portion in here is because it might take you a...
Master Day Trading in Just 30 Days: Lesson #2
29 FEBRUARY, 2016 In the first lesson in this series, we gave you a checklist of equipment and services that you need in order to get through the first few lessons. And we encouraged you to learn the basics of your charting software and your trading platform (in many...
Master Day Trading in Just 30 Days: Lesson #1
27 FEBRUARY, 2016 OK, so you want to be a day trader. Otherwise you wouldn't be reading this very lengthy article, right? But do you know what being a day trader really means? Yes, the freedom you get by setting your own hours can be intoxicating. The profits that can...