As an online stock trader you are always looking for an obvious opportunity. You are hoping to wake up one morning and have the market hand you money on a silver platter because the bias of supply or demand is so tilted to one side it’s juts a matter of how many shares you get [...]
Archive for July, 2007
24 Jul
Stock trading tips: candlestick charts
Every month in NYC we host a meeting for online stock traders. Some of the attendees are fulltime stock traders some do it as a hobby. If you would like to attend the next meeting, sign up here There is a massive difference between trading for a living and trading as a hobby. There is no [...]
18 Jul
Stock trading: Trading Styles
Trading stock for a living and making consistent monthly income requires knowing what type of trader you are. It is very common for me to see a newer trader come in with a little experience and want to trade actively all market conditions. This can lead to a very frustrating start to a trading career.
Any [...]
16 Jul
Stock trading lessons:Networking
Online stock trading can be an isolating business. I have been a full time trader for over 10 years and none of my personal friends have ever traded before. When we get together on weekends we can’t talk work because they have no idea what some one who trades for a living goes through day [...]
9 Jul
Using Losses to your advantage
So often in this market do traders frequently see losses turn from bad to worse in the blink of an eye, just to prove themselves right. However, losses are one of the most important keys of a trader’s psychology. Generally speaking, it may seem that as soon as we put our order out and get [...]
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