Sometimes you can get valuable information from a trade entry signal that does not follow through, you just need to pay attention and have an open mind.
I generally trade in and out of stocks during the day looking to get a “feel” for good order flow and if I do; those stocks will be the ones [...]
Archive for January, 2008
30 Jan
stock trading lessons: failed directional moves
14 Jan
day trading lessons
I see it happen over and over again. New traders sit down at their screen with a list of 75 stocks they can’t wait to get involved with. They have every indicator on their screen that money can buy. These are the traders who ultimately never make money. They think they need to know the most and [...]
2 Jan
day trading and money management
Day trading for a living requires discipline. Of course we all know about “stop loss” discipline but what about the decision you must make before you decide on a stop loss point for an unprofitable trade?
How much are you going to risk on the trade? This must be a definite dollar amount you are comfortable [...]
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